Securities Lawyers Blog

Broker Troy Baily in Sagepoint Financial, INC. Firm Has Customer Complaint

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Troy Baily (Baily), previously associated with Sagepoint Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Baily 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 September 18, 2025.

Applicant is alleged to have concentrated the complainant’s account in illiquid alternative investments.

There are Recent Customer Complaints with Broker Stephen Freeman in Firm LPL Financial LLC

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Freeman (Freeman), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Freeman 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 $7,252.71 on September 26, 2025.

Client alleged advisor placed unauthorized trades in their account. Allegation Activity Dates: 6/13/2023 – 9/26/2025.

There are Recent Customer Complaints with Broker Wendy Baker in Firm Fbl Marketing Services, LLC

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wendy Baker (Baker), previously associated with Fbl Marketing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Baker 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 $5,000.00 on September 22, 2025.

Complainant has concerns of conflict of interest, potential elder financial exploitation and possible violations of supervisory standards against her father’s form representative.

Broker Amy Webster in Cetera Investment Services LLC Firm Has Customer Complaint

November 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on September 24, 2025.

Client alleges the investment was misrepresented at the time of sale.

There are Recent Customer Complaints with Broker Edward Fernandez in Firm Capulent LLC

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Fernandez (Fernandez), currently associated with Capulent LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fernandez 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 $475,000.00 on September 19, 2025.

Claimants allege the improper recommendation of the Versity Wolf Run DST in April of 2021.

Broker Eric Davidson in Aegis Capital Corp. Firm Has Customer Complaint

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Davidson (Davidson), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Davidson 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 $200,000.00 on September 26, 2025.

Time frame: January 2019 – 2023. Claimant alleges breach of fiduciary duty and breach of contract.

Broker Marc Jacobson in Aegis Capital Corp. Firm Has Customer Complaint

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Jacobson (Jacobson), previously associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Jacobson 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 $50,000.00 on September 24, 2025.

Plaintiff alleges the representative did not follow instructions.

There are Recent Customer Complaints with Broker Michael Fasciglione in Firm Aegis Capital Corp.

November 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 25, 2025.

Time frame: Unspecified. The claimant alleges that the investment product was unsuitable.

Broker Clovis Morrison in Centaurus Financial, INC. Firm Has Customer Complaint

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Clovis Morrison (Morrison), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Morrison 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 September 26, 2025.

The customer alleges that, the Registered Representative recommended and misrepresented illiquid Alternative investments. No specific dates for the alleged activity were identified in the Statement of Claim.

Broker Timothy Tremblay in Centaurus Financial, INC. Firm Has Customer Complaint

November 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Tremblay (Tremblay), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Tremblay 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 $1,000,000.00 on September 23, 2025.

The customers allege that the Registered Representative recommended unsuitable, high-risk, speculative, illiquid investments. No specific dates for the alleged activity were identified in the Statement of Claim.