Securities Lawyers Blog

There are Recent Customer Complaints with Broker Edwin Johns in Firm Hazlett, Burt & Watson, INC.

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edwin Johns (Johns), previously associated with Hazlett, Burt & Watson, INC., has at least one disclosable event. These events include one customer complaint, alleging that Johns 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 $111,422.00 on August 29, 2022.

On August 29, 2022, Hazlett, Burt & Watson received a complaint from the clients stating that they had been charged WRAP fees in excess of the 0.5% rate stipulated in their Agreement. The clients asserted that they had been overcharged from January 2017 to August 2022. The clients further alleged that Mr. Johns failed to follow instructions that could have mitigated market value losses in June 2022.

Broker Anthony Oliveri in Cetera Wealth Services, LLC Firm Has Customer Complaint

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Oliveri (Oliveri), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Oliveri 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 $14,000.00 on August 24, 2022.

Claimant alleged that, in or around March 2015, representative sold claimant two unsuitable alternative investment products but did not tell claimant that such products were speculative, illiquid, and non-traded, and that claimant May not be able to get claimant’s money back.

Broker Maile Foster in Kovack Securities INC. Firm Has Customer Complaint

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maile Foster (Foster), currently associated with Kovack Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Foster 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 $198,000.00 on August 29, 2022.

Claimant alleges that representative recommended unsuitable investments and failed to properly service the accounts resulting in a tax issue and lost opportunity costs.

There are Recent Customer Complaints with Broker Mitchell Riesenberger in Firm UBS Financial Services INC.

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mitchell Riesenberger (Riesenberger), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Riesenberger 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 $620,000.00 on August 31, 2022.

Time frame: Starting in or about 2015\, \, Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Oscar Vallera in Firm Packerland Brokerage Services, INC.

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Oscar Vallera (Vallera), previously associated with Packerland Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Vallera 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 August 24, 2022.

Customer claims agent did not explain the policy and that the customer did not know what he signing when policy was sold on 10/15/2021.

Broker Alex Pritsker in Osaic Wealth, INC. Firm Has Customer Complaint

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alex Pritsker (Pritsker), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pritsker 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 $250,000.00 on August 30, 2022.

The client alleges the registered representative recommended an unsuitable variable annuity exchange in November 2018.

Broker Richard Jackman in Arkadios Capital Firm Has Customer Complaint

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Jackman (Jackman), currently associated with Arkadios Capital, has at least one disclosable event. These events include one customer complaint, alleging that Jackman 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 $400,000.00 on August 25, 2022.

The customer alleges unsuitable investment strategy, omission of material information, providing false and misleading information, failure to supervise and failure to conduct proper due diligence on investments recommended.

Broker Kevin Reed in Packerland Brokerage Services, INC. Firm Has Customer Complaint

November 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Reed (Reed), currently associated with Packerland Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Reed 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 $18,000.00 on August 25, 2022.

On or around 6/23/2022, representative allegedly failed to fully disclose the risks associated with the investment, otherwise the customer would have invested only 1/2 the amount. A prospectus and fact sheet were presented to the customer, but the customer asked the representative to take the information back with him.

Broker David Todd in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

November 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 30, 2022.

Claimant alleges that beginning in or about November 2020, the FA made unsuitable investments.

There are Recent Customer Complaints with Broker Herbert Marache in Firm Janney Montgomery Scott LLC

November 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 29, 2022.

Client alleged that the Advisor sold securities in the client’s Trust accounts without authorization. Allegation Time Period: June 16, 2022.