Securities Lawyers Blog

There are Recent Customer Complaints with Broker Brett Rutherford in Firm Capital Investment Group, INC.

July 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brett Rutherford (Rutherford), previously associated with Capital Investment Group, INC., has at least 5 disclosable events. These events include 5 customer complaints, alleging that Rutherford 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 $88,000.00 on May 02, 2025.

Client invested in GWG Holdings L-Bonds. GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. No Statement of Claim filed by client or opposing counsel.

There are Recent Customer Complaints with Broker Carl Demarco in Firm Hornor, Townsend & Kent, LLC

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $144,167.45 on May 02, 2025.

The customer alleges that the Financial Professional confirmed the sale of certain positions prior to the actual sale of those positions.

There are Recent Customer Complaints with Broker Todd Osgood in Firm Ameriprise Financial Services, LLC

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $22,000.00 on May 02, 2025.

The client alleged that $150,000 of a First Trust UIT was purchased in March 2025 without his authorization or prior consent. The client also alleged that the UIT was not suitable.

There are Recent Customer Complaints with Broker Timothy Yee in Firm Independent Financial Group, LLC

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $126,000.00 on May 05, 2025.

Alleges investment was not suitable and was not in line with her investment objectives.

There are Recent Customer Complaints with Broker Gregory Libby in Firm Morgan Stanley

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on May 06, 2025.

Claimant alleges, inter alia, that the investments strategy executed in the client’s account was unsuitable – May 2019 to April 2025

There are Recent Customer Complaints with Broker Vincent Dotterweich in Firm Ameriprise Financial Services, LLC

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,194,871.94 on May 05, 2025.

Plaintiff alleges his advisor assisted Plaintiff’s wife in: opening individual and joint financial accounts in Plaintiff’s name without Plaintiff’s knowledge; preventing Plaintiff from understanding his financial accounts; and withdrawing funds from Plaintiff’s individual and joint accounts without his knowledge.

Broker Frank Hill in Kestra Investment Services, LLC Firm Has Customer Complaint

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on May 05, 2025.

Claimants allege that the representative misrepresented and recommended an unsuitable life insurance policy to the pension plan. \, Claimants alleged they would have been better served with a securities portfolio instead of the life insurance policy.

There are Recent Customer Complaints with Broker Kevin Mcbarron in Firm LPL Financial LLC

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 07, 2025.

Reg BI: Professional Negligence/Breach of Fiduciary Duty

There are Recent Customer Complaints with Broker Brian Marston in Firm Woodbury Financial Services, INC.

July 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $150,000.00 on May 05, 2025.

Unsuitable alternative investments are alleged to have been recommended.

Broker Michael Buric in Thrivent Investment Management INC. Firm Has Customer Complaint

July 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Buric (Buric), currently associated with Thrivent Investment Management INC., has at least one disclosable event. These events include one customer complaint, alleging that Buric 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 $5,275.47 on May 12, 2025.

Client alleged RR submitted a subaccount transfer without her permission in June 2022.