Securities Lawyers Blog

There are Recent Customer Complaints with Broker Jordan Gibson in Firm Edward Jones

September 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 17, 2023.

The client’s POA alleges that the financial advisor misrepresented the Death Benefit payout on the client’s variable annuity.

Broker Charles Lewis Iii in Realta Equities, INC. Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Lewis Iii (Lewis Iii), currently associated with Realta Equities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lewis Iii 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 May 17, 2023.

[REDACTED] alleges that the unsolicited investment he made in March, 2021 into Strategic Energy Assets VIII Access Fund, which has provided tax benefits and distributions, was inappropriate.

There are Recent Customer Complaints with Broker Mark Richardson in Firm Lightpath Capital, Inc

September 2, 2025 | by Staff Attorney

Previously financial advisor Mark Richardson (Richardson), previously employed by brokerage firm Lightpath Capital, Inc has been subject to at least 2 disclosable events. These events include 2 customer complaints. 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 pending customer complaint with a damage request of $696,494.19 on May 19, 2023.

Claimants collectively invested $697,474.19 in real estate private placement between November 2019 and February 2020 which failed due to the due to the unforeseen and unprecedented impact of the COVID pandemic on the student housing sector and the sponsor’s failure to repay the bridge equity it borrowed to acquire the property, which was discovered in December 2021, and ultimately resulted in a forced sale of the property. Claimants filed an arbitration alleging violation of federal securities laws, violation of California securities laws, California unfair, unlawful, and fraudulent business practices, breach of contract, common law fraud, breach of fiduciary duty, negligence and gross negligence. The firm denies all allegations. Additionally, the firm aggressively facilitated litigation for the benefit of investors to recover losses for investors which resulted in a favorable settlement with the sponsor and a jury award against the bridge equity lender and investors have already received a partial return of their initial investment.

There are Recent Customer Complaints with Broker Sacha Mackels in Firm Cetera Wealth Services, LLC

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sacha Mackels (Mackels), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mackels 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 $10,900.00 on May 18, 2023.

Client alleges the variable life policy that was sold to him on 03/11/2021 is not a suitable investment for him.

There are Recent Customer Complaints with Broker Juan Rascon in Firm Cetera Investment Services LLC

September 2, 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 settled customer complaint with a damage request of $1,000,000.00 on May 18, 2023.

Claimant inherited her father’s self-directed brokerage account. In 2015, claimant moved account to firm and pledged the assets to secure a line of credit with firm’s former affiliate bank. Said line of credit was in the name of claimant and her husband (who she has since divorced). Brokerage account was claimant’s sole property under Texas law. Claimant asserts that firm breached its fiduciary duty and failed to make suitable recommendations in allowing claimant to pledge her sole property assets against the joint debt and by allowing her to make equity investments in a self-directed account.

There are Recent Customer Complaints with Broker Rick Jackson in Firm Lincoln Financial Securities Corporation

September 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 17, 2023.

Claimants allege the RR concentrated their retirement savings in risky investments that did not match their risk profile or investment objectives.

There are Recent Customer Complaints with Broker Cort Meinelschmidt in Firm Capital Investment Group, INC.

September 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint with a damage request of $1,000,000.00 on May 18, 2023.

Relative to a purchase transaction in Hard Rock 2014 Drilling Program, client alleges breach of fiduciary duty, on the part of the Registered Representative, Capital Investment Group, Inc., and an Investment Adviser Representative, who had absolutely no relation to the broker/dealer, in any capacity. The transaction date was 09/13/2013.\<char_lb_r>\, \<char_lb_r>\, The defendants also included Sentinel Capital Solutions, Inc., a Registered Investment Adviser owned by the Registered Representative.

Broker Mark Barrand in Ameriprise Financial Services, LLC Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Barrand (Barrand), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barrand 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 $40,000.00 on May 17, 2023.

Claimants allege that the registered representative recommended unsuitable investments that resulted in losses.

Broker Steven Ridgley in International Assets Advisory, LLC Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Ridgley (Ridgley), previously associated with International Assets Advisory, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ridgley 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 $135,996.99 on May 19, 2023.

BREACH OF COMMON LAW DUTY, VIOLATION OF PERTINENT RULES, VIOLATIONS OF SEC ACT OF 1934 (10B), BREACH OF EXPRESSED OR IMPLIED FIDUCIARY RESPONSIBILITY.

Broker Joseph Beam in Nylife Securities LLC Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Beam (Beam), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Beam 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 $31,500.00 on May 18, 2023.

The plaintiff alleges the Estate’s personal representative was misled into writing checks for investments, but the checks were instead cashed or deposited.