Securities Lawyers Blog

There are Recent Customer Complaints with Broker John Abrams in Firm Equitable Advisors, LLC

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Abrams (Abrams), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Abrams 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 $18,395.49 on June 23, 2023.

Customer alleged the RR did not advise them of surrender charges negatively impacting their new variable annuity investment.

There are Recent Customer Complaints with Broker Bret Schaefer in Firm Landolt Securities, INC.

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bret Schaefer (Schaefer), currently associated with Landolt Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Schaefer 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 $53,114.00 on June 15, 2023.

Customer complains variable annuity purchased in 2021 was unsuitable.

There are Recent Customer Complaints with Broker Robert Anderson in Firm Raymond James Financial Services, INC.

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Anderson (Anderson), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Anderson 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 $956,794.23 on June 16, 2023.

Current trustee for former trust client alleges former trustee did not have authority to appoint successor trustee and FA and RJA should have known this; FA made unsuitable recommendations and poorly managed the trust’s investments; and the trust was charged excessive fees.

Broker Jon Lee in American Global Wealth Management, INC. Firm Has Customer Complaint

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jon Lee (Lee), currently associated with American Global Wealth Management, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lee 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 $31,975.00 on June 23, 2023.

Customer requested a simple IRA to ROTH IRA conversion on 12/27/2021. The IAR submitted the request to the custodian. The custodian said that they would try to complete the customer’s request before the end of the year 2021. In the first week of January, the custodian informed the IAR that they needed additional paperwork to complete the transaction. The IAR attempted to contact the customer, however the customer was on vacation. The transfer paperwork was completed on 1/7/2022 resulting in an unexpected tax liability for the customer in the wrong year.\, \, The customer filed a complaint stating that the IAR was at fault for submitting the IRA conversion paperwork late, resulting in the customer having to pay an additional $31,975 in taxes.

Broker Bryan Musso in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bryan Musso (Musso), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Musso 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 $187,826.00 on June 23, 2023.

Breach of fidicuary duty and inappropriate investments

There are Recent Customer Complaints with Broker Bruce Boyle in Firm Thinkequity LLC

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bruce Boyle (Boyle), currently associated with Thinkequity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Boyle 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 22, 2023.

Negligence, unsuitability, fraudulent misrepresentations and omissions, securities fraud, breach of duty, breach of contract

There are Recent Customer Complaints with Broker Thomas Diamante in Firm Sw Financial

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Diamante (Diamante), previously associated with Sw Financial, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Diamante 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 June 22, 2023.

Diamante was named in a customer complaint that asserted the following causes of action: negligence, unsuitability, fraudulent misrepresentations and omissions, securities fraud, common law fraud, breach of fiduciary duty, and breach of contract.

Broker Cynthia Komarek in Sagepoint Financial, INC. Firm Has Customer Complaint

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cynthia Komarek (Komarek), previously associated with Sagepoint Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Komarek 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 $1,600,000.00 on June 23, 2023.

FP is alleged to have aided and participated in claimant purchase of unapproved investment

There are Recent Customer Complaints with Broker Ross Hoffman in Firm Fortune Financial Services, INC.

August 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ross Hoffman (Hoffman), currently associated with Fortune Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hoffman 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 $637,000.00 on June 26, 2023.

Clients allege that the 1035 exchange into a new Pacific Life Indexed Universal Life insurance policy was not suitable for them. Also allege that the premium financing recommded was not suitable and that the loan payments are excessive.

There are Recent Customer Complaints with Broker Rogerio Almeida in Firm Edward Jones

August 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on June 27, 2023.

Without admitting or denying the findings, Almeida consented to the sanctions and to the entry of findings that he conducted OBAs as a mortgage loan officer without providing prior written notice to his member firm. The findings stated that Almeida earned $35,026 in commissions from those activities. Ultimately, Almeida submitted an OBA form to the firm, disclosing that he had a mortgage license with a mortgage company and inaccurately stating he was not working as a loan officer. The firm rejected the OBA, however, Almeida continued to work as a loan officer after the firm’s rejection.