Securities Lawyers Blog

There are Recent Customer Complaints with Broker Ron Phillips in Firm Morgan Stanley

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ron Phillips (Phillips), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Phillips 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 $250,000.00 on October 14, 2021.

Claimant alleged that Respondents mismanaged his discretionary account by investing in unsuitable securities that underperformed the S&P 500

Broker James Petrizzo in Independent Financial Group, LLC Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Petrizzo (Petrizzo), currently associated with Independent Financial Group, LLC, has at least 3 disclosable events. These events include one customer complaint, 2 regulatory events, alleging that Petrizzo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 07, 2021.

On July 7, 2021, the Representative’s former broker-dealer agency filed on his behalf a non-resident insurance agent application that was submitted to the Wisconsin Commissioner of Insurance (COI). Per an Administrative Action, on October 7, 2021 the Wisconsin COI denied the application on the basis that (i) it was not completed in full, and (ii) a COI request for information was not responded to in a timely manner.

Broker Robert Tatum in LPL Financial LLC Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

Currently financial advisor Robert Tatum (Tatum), currently employed by brokerage firm LPL Financial LLC 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 $100,001.00 on October 11, 2021.

Claimants allege representative made an unsuitable investment in a non-traded REIT. Time period is 01/2015 through 09/2021.

Broker Michael Callahan in Osaic Wealth, INC. Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Callahan (Callahan), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Callahan 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 $20,000.00 on October 12, 2021.

Customer alleges that the representative misrepresented the tax implications in connection to the surrender of an annuity.

There are Recent Customer Complaints with Broker Stewart Conover in Firm Cuna Brokerage Services, INC.

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stewart Conover (Conover), previously associated with Cuna Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Conover 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 $22,400.99 on October 07, 2021.

Client’s husband passed away and shortly thereafter the rep recommended the client replace her Nationwide VA for another Nationwide VA for lower expenses and a higher lifetime income benefit; client is stating she doesn’t understand why the original recommendation was made, or the replacement recommendation, as lifetime income had not been her objective.

Broker Jeffrey Krogh in Stifel, Nicolaus & Company, Incorporated Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Krogh (Krogh), previously associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Krogh 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 $50,000.00 on October 14, 2021.

Successor trustee alleges that registered representative recommended an inappropriate investment strategy to the prior trustee. Timeframe: June 28, 2017 – December 4, 2017.

There are Recent Customer Complaints with Broker Erik Jolliff in Firm Edward Jones

January 20, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 21, 2021.

Client alleges he incurred unintended tax consequences after following the Financial Advisor’s advice in contributing to a SEP IRA and Roth IRA.

Broker Frank Van Houten in LPL Financial LLC Firm Has Customer Complaint

January 20, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Frank Van Houten (Van Houten), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Van Houten 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 22, 2021.

Claimant alleges FA recommended unsuitable investment in an offshore product whose issuer is no longer solvent and is under liquidation order. Allegation Activity Dates: 12/29/2014 – 6/3/2020.

There are Recent Customer Complaints with Broker Andrew Hall in Firm Edward Jones

January 20, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Hall (Hall), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Hall 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 25, 2021.

Claimants assert various claims relating to alleged unsuitable purchases of municipal bonds, certificates of deposit, and a real estate investment trust in 2013 and 2014.

Broker Wilfredo Ortiz Aponte in Pariter Securities, LLC Firm Has Customer Complaint

January 20, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Wilfredo Ortiz Aponte (Ortiz Aponte), previously associated with Pariter Securities, LLC, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Ortiz Aponte concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $99,000.00 on October 25, 2021.

The accusations include, but are not limited to, unsuitability, misrepresentation, breach of fiduciary \, responsibilities, churning, and breach of contract