Securities Lawyers Blog

There are Recent Customer Complaints with Broker Paul Alwine in Firm Edward Jones

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Alwine (Alwine), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Alwine recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $10,910.51 on October 19, 2022.

The client alleges an unauthorized purchase of a premium priced CD.

Broker Gary Ziegler in Transamerica Financial Advisors, LLC Firm Has Customer Complaint

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Ziegler (Ziegler), currently associated with Transamerica Financial Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ziegler recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $70,000.00 on October 18, 2022.

Claimant alleges his funds were placed in investments in a multitude of high risk investment that caused a losses.

There are Recent Customer Complaints with Broker Dennis Thurman in Firm Arete Wealth Management, LLC

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Thurman (Thurman), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Thurman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $100,000.00 on October 21, 2022.

Customers allege unsuitable investment recommendations in 2019.

Broker David Wood in Moloney Securities Co., INC. Firm Has Customer Complaint

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Wood (Wood), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Wood recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $218,750.00 on October 24, 2022.

Suitability/negligence. 2013-2015

There are Recent Customer Complaints with Broker Terry Wheeler in Firm Arque Capital, Ltd.

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Terry Wheeler (Wheeler), previously associated with Arque Capital, Ltd., has at least one disclosable event. These events include one customer complaint, alleging that Wheeler recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $500,000.00 on October 21, 2022.

Wheeler was named in a customer complaint that asserted the following causes of action: breach of contract and warranties; promissory estoppel; vioaltion of state securities statutes; misrepresentation; omission of facts; breach of fiduciary duty; negligence; and, unjust enrichment.

There are Recent Customer Complaints with Broker Stephen Hollingsworth in Firm Raymond James Financial Services, INC.

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Hollingsworth (Hollingsworth), previously associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hollingsworth recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $762,908.00 on October 18, 2022.

Former clients allege that FA purchased and sold securities without authorization, executed an inappropriately high volume of transactions, improperly recommended margin, purchased unsuitable investments in their accounts, and improperly communicated through Facebook messenger. Allegation Activity Dates: 11/7/10 – 9/2/21.

There are Recent Customer Complaints with Broker Virgil Folden in Firm Saxony Securities, INC.

October 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Virgil Folden (Folden), currently associated with Saxony Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Folden recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $300,000.00 on October 22, 2022.

On 10/14/2015, Mr. Folden misrepresented the GWG Investments and failed to disclose material facts concerning these investments.

There are Recent Customer Complaints with Broker Thomas Brunt in Firm Cetera Investment Services LLC

October 5, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Thomas Brunt (Brunt), currently employed by Cetera Investment Services LLC has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Brunt’s most recent customer complaint alleges that Brunt recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $60,000.00 on October 26, 2022.

Claimant alleges they were overconcentrated in unsuitable structured product which resulted in losses.

Broker Jason Perez in Edward Jones Firm Has Customer Complaint

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Perez (Perez), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Perez recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $7,000.00 on October 25, 2022.

The client alleges the financial advisor mispresented that his original investment in LANSX will always be there and behaved exactly like a municipal bond.

Broker Sam Bhushan in Cabin Securities, INC. Firm Has Customer Complaint

October 5, 2025 | by Staff Attorney

Currently financial advisor Sam Bhushan (Bhushan), currently employed by brokerage firm Cabin Securities, INC. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $150,000.00 on October 31, 2022.

Bhushan was the subject of the customer’s complaint regarding a reg D private placement. The complaint against his member asserted the following causes of action, fraud, misrepresentation, omissions of material facts, unsuitable recommendations, breach of contract, and breach of fiduciary duty.