Securities Lawyers Blog

Broker Loann Thompson in Nylife Securities LLC Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 23, 2021.

The customer alleges the variable annuity she purchased in or around February 2018 was not in line with her stated financial objectives. Specifically, the customer alleges she communicated the need for liquidity and now faces early withdrawal penalties from the IRS.

Broker Amy Blodgett in Ameritas Investment Company, LLC Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $39,851.58 on March 22, 2021.

Finra arbitration 21-00646 in which claimants allege dissatisfaction in the management of their managed accounts.

There are Recent Customer Complaints with Broker Christopher Jones in Firm National Securities Corporation

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Jones (Jones), previously associated with National Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Jones 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 March 22, 2021.

Suitability

There are Recent Customer Complaints with Broker Jeffrey Forehand in Firm Cetera Advisors LLC

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Forehand (Forehand), currently associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Forehand 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 $330,000.00 on March 26, 2021.

Claimant alleges that he purchased an unsuitable, high-risk investments. Claimant alleges the recommendation constituted breach of contract, negligence, and failure to supervise.

Broker Teresa Bravo in Nationwide Planning Associates INC. Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Teresa Bravo (Bravo), currently associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Bravo 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 $300,000.00 on March 29, 2021.

Time frame: January 2011-Unspecified Claimant alleges that the recommendation to invest in and hold Puerto Rico closed-end funds and Puerto Rico municipal bonds was unsuitable and that his account was over-concentrated in these investments. He also alleges that the risks of investing in and concentrating in PR investments were misrepresented.

There are Recent Customer Complaints with Broker John Sholtis in Firm UBS Financial Services INC.

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 26, 2021.

Time Frame: August 21, 2017 to March 26, 2021\, \, What were the allegations against the individual? \, \, The client alleges his Financial Advisors failed to disclose the fees on the account. The alleged damages are estimated to be in excess of $5,000.00.

Broker Adolfo Cividanes Freiria in Rd Capital Group, INC. Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adolfo Cividanes Freiria (Cividanes Freiria), previously associated with Rd Capital Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cividanes Freiria 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 $24,230.19 on March 19, 2021.

Customer alleges that he was unaware of the sale of 10 shares of TSLA stock from his account on February 4, 2020. Since that time, the stock has been subject to a 5:1 split. As a result, and based on funds in the account from the sale of the 10 shares, the customer claims he is entitled to 37 shares of TSLA.

There are Recent Customer Complaints with Broker Fredrick Randhahn in Firm Sigma Financial Corporation

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on March 26, 2021.

The Division alleged Respondent violated Sections 61-1-1(2) and (3) of the Utah Uniform Securities Act (Act), Section 61-1-3(1), Section 61-1-7 and 61-1-16 of the Act.

Broker Joseph Michaletz in Dai Securities, LLC Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

Currently financial advisor Joseph Michaletz (Michaletz), currently employed by brokerage firm Dai Securities, LLC has been subject to at least 3 disclosable events. These events include 3 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 settled customer complaint with a damage request of $2,550,000.00 on March 24, 2021.

Claimants allege unsuitable recommendation and overconcentration of private placements.

Broker Gregory Ley in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 26, 2021.

The customer alleges unsuitable investment recommendations from December 2018 until February 2021.