Securities Lawyers Blog

Broker Dennis Ayre in Hilltop Securities INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on June 12, 2023.

Respondent Ayre 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 Eliah Ewing in Ameriprise Financial Services, LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eliah Ewing (Ewing), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ewing 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 June 12, 2023.

Claimant alleges that she was recommended to invest her retirement savings in unsuitable, illiquid and speculative investments including FSIC (FS Investment Corporation) on 12/16/11, FSEP (FS Energy & Power Fund) in 2014, and a RVS Life variable annuity on 12/14/18.

There are Recent Customer Complaints with Broker Matthew Rigoli in Firm Citigroup Global Markets INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Rigoli (Rigoli), currently associated with Citigroup Global Markets INC., has at least one disclosable event. These events include one customer complaint, alleging that Rigoli 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 $11,079.88 on June 13, 2023.

TRUSTEE ALLEGED HE PROVIDED INSTRUCTION TO REGISTERED REPRESENTATIVE ON 4/10/2023 TO SELL FOUR MUTUAL FUNDS IN HIS ACCOUNT AND INTENDED TO IMMEDIATELY REINVEST THE PROCEEDS IN A VARIABLE ANNUITY. TRUSTEE CLAIMED THAT THE REGISTERED REPRESENTATIVE TOLD HIM IT WOULD TAKE “A WEEK OR SO” TO PROCESS. TRUSTEE EXPECTED THE TRANSACTIONS TO OCCUR NO LATER THAN 4/24/2023, BUT ALLEGED THAT THE FUNDS WERE NOT SOLD, AND THE PROCEEDS WERE NOT REINVESTED, FOR NEARLY TWO MONTHS. TRUSTEE CLAIMS LOSSES DUE TO THE DELAY AND DEMANDS COMPENSATION. OCCURRENCE DATES: 4/24/2023 – 6/1/2023. ALLEGED LOSSES: $11,079.88.

Broker Alexis Molina in UBS Financial Services INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexis Molina (Molina), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Molina 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 $90,000.00 on June 08, 2023.

Time Frame: January 03, 2023 to June 07, 2023\, \, What were the allegations against the individual? The client alleges failure to follow instructions by not executing a trade correctly.

Broker Derek Su in Usca Securities LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Derek Su (Su), currently associated with Usca Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Su 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 $2,200,000.00 on June 12, 2023.

Claimants had been clients of USCA since 2015. Su began handling their accounts in late 2020. Claimants allege Su failed to properly structure their accounts to meet their retirement goals. Specific allegations include negligence, gross negligence, failure to supervise, and breach of fiduciary duty.

There are Recent Customer Complaints with Broker Charles Kunzelman in Firm Ifp Securities, LLC

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Kunzelman (Kunzelman), currently associated with Ifp Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kunzelman 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 $12,910.47 on June 13, 2023.

Client alleges representative provided unsuitable advice dating back to 2008.

There are Recent Customer Complaints with Broker Deborah Birch in Firm Cambridge Investment Research, INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Deborah Birch (Birch), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Birch 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 $200,000.00 on June 08, 2023.

Customer alleged the alternative investment she purchased in year 2014 was misrepresented and not suitable.

Broker Kristy Nicol in LPL Financial LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 14, 2023.

Complaint alleges misrepresentation of interest rate

There are Recent Customer Complaints with Broker Linda Schnell in Firm Morgan Stanley

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Linda Schnell (Schnell), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Schnell 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 June 08, 2023.

Claimant alleged, inter alia, that the investments strategy executed in the client’s account was unsuitable – 2020-2022

There are Recent Customer Complaints with Broker Ronald Giovino in Firm Gwn Securities INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Giovino (Giovino), previously associated with Gwn Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Giovino 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 $120,000.00 on June 14, 2023.

Former client alleges that her former FA recommended that she sell two mutual funds and reinvest the proceeds in a different investment opportunity but that he converted the funds. She also alleges that in August 2022 (which was over a year after the FA’s registration was terminated in July 2021) the same individual recommended she liquidate fund shares and invest the $50,000 proceeds in an annuity but that the individual converted those funds.