Securities Lawyers Blog

There are Recent Customer Complaints with Broker David Adams in Firm Ameriprise Financial Services, LLC

January 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Adams (Adams), currently associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Adams 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 November 19, 2021.

Claimant alleges that the financial professional recommended an investment that was unsuitable.

Broker Laurel Simon Bobrowich in UBS Financial Services INC. Firm Has Customer Complaint

January 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 15, 2021.

The client alleges her FA did not inform her that the recommendation to convert her IRA’S to Roth IRA’s would be a taxable event. The alleged damages were estimated to be in excess of $5,000.00

There are Recent Customer Complaints with Broker James Simpson in Firm Equitable Advisors, LLC

January 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on November 19, 2021.

Without admitting or denying the findings, Simpson consented to the sanction and to the entry of findings that he refused to provide information and documents requested by FINRA in connection with an investigation into whether he misappropriated client funds or made unsuitable recommendations.

Broker Richard Gentile in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Gentile (Gentile), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Gentile recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on December 05, 2021.

Client alleges FA misrepresented tax consequences of exchanging mutual funds within the same fund family resulting in taxes owed and causing the client to miss out on tuition assistance.

There are Recent Customer Complaints with Broker Robert Maricle in Firm Edward Jones

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Maricle (Maricle), previously associated with Edward Jones, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Maricle 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 $11,417.00 on December 02, 2021.

The client exchanged American Mutual Funds in his account on 12/20/2020 and alleges that the financial advisor informed him there would be no fees, no commissions and no financial penalties. Additionally, the client alleges the financial advisor made no mention of the potential for tax consequences associated with the exchanges.

Broker Narith Long in Nylife Securities LLC Firm Has Customer Complaint

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Narith Long (Long), previously associated with Nylife Securities LLC, has at least 9 disclosable events. These events include 8 customer complaints, one regulatory event, alleging that Long 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 $80,000.00 on November 24, 2021.

Claimant alleges that in 2020, the RR advised her to open brokerage accounts with outside broker-dealers, which the RR would manage with full discretion to trade on the complainant’s behalf. The complainant further alleged the RR implemented a high-risk, high-volume, high frequency investment strategy causing her to lose $80,000. Claimant seeks compensation for her losses as well as punitive damages, interest, attorney and consulting fees.

Broker Peter Baldeo in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Baldeo (Baldeo), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Baldeo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on November 22, 2021.

The customer alleges failure to follow instructions, unauthorized trading and that the Financial Advisor was not acting in his best interests from May 2021 until November 2021.

Broker Michael Napolitano in Arete Wealth Management, LLC Firm Has Customer Complaint

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Napolitano (Napolitano), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Napolitano 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 $350,000.00 on November 29, 2021.

Misrepresentation and failure to conduct reasonable due diligence.

There are Recent Customer Complaints with Broker Linda Liu in Firm Wells Fargo Clearing Services, LLC

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Linda Liu (Liu), currently associated with Wells Fargo Clearing Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Liu 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 December 03, 2021.

Claimant alleges unsuitable investment recommendations that resulted in losses.

Broker Travis Eiland in Hd Vest Investment Services Firm Has Customer Complaint

January 16, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on November 30, 2021.

Respondent Eiland failed to respond to FINRA requests for information.