Securities Lawyers Blog

Broker Raymond Brown in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 17, 2025.

Customer alleges that in or around June 2024, representative sold him a variable universal life insurance policy without the customer’s knowledge and without his understanding that a loan had been taken from his non-variable life insurance policy to pay the premium on the new variable policy. Customer alleges the representative misled him to believe that money from the non-variable policy that had been deposited into his account was a withdrawal of liquid cash value from the non-variable policy, not a loan, and that subsequent debits taken from the customer’s account were to return overpayments from the non-variable policy, not to make premium payments on the variable policy.

There are Recent Customer Complaints with Broker Janet Fieldman in Firm LPL Financial LLC

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 08, 2025.

Customer alleges that her financial advisor gave her improper advice in connection with available options arising from his brokerage account in November of 2021.

There are Recent Customer Complaints with Broker Brian Btesh in Firm Northwestern Mutual Investment Services, LLC

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Btesh (Btesh), previously associated with Northwestern Mutual Investment Services, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Btesh 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 $100,000.00 on March 12, 2025.

Fraud and misrepresentation.

Broker Benjamin Duggan in Empower Financial Services, INC. Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

Currently financial advisor Benjamin Duggan (Duggan), currently employed by brokerage firm Empower Financial Services, 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 $10,257.59 on July 09, 2025.

Investor incurred a $10,257.59 loss in a crypto hedge fund.

Broker Juan Rascon in Cetera Investment Services LLC Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

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

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

Claimant alleges unsuitable investment recommendations.

There are Recent Customer Complaints with Broker Yanette Sullivan in Firm Truist Investment Services, INC.

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yanette Sullivan (Sullivan), currently associated with Truist Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Sullivan 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 $110,000.00 on July 18, 2025.

Client alleges that representative purchased an immediate annuity that was unsuitable and without a death benefit.

There are Recent Customer Complaints with Broker Mark Schweizer in Firm Charles Schwab & Co., INC.

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Schweizer (Schweizer), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Schweizer 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 $64,566.85 on July 09, 2025.

The client alleges the representative provided unsatisfactory advice by recommending an investment strategy to offset capital gains that resulted in an unexpected $73,514.74 tax liability.

There are Recent Customer Complaints with Broker Samuel Frankfort in Firm Rockefeller Financial LLC

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on July 08, 2025.

Respondent Frankfort failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Broker Joseph Amato in Alexander Capital, L.p. Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 14, 2025.

Breach of Fiduciary Duty; Aiding and Abetting; Negligence (Failure to Supervise). Violations of Georgia State Laws.

Broker William Hurckes in Ausdal Financial Partners, INC. Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Hurckes (Hurckes), currently associated with Ausdal Financial Partners, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hurckes 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 $77,515.00 on July 21, 2025.

Breach of Fiduciary Duty; Failure to conduct reasonable due diligence.