Securities Lawyers Blog

There are Recent Customer Complaints with Broker James Exley in Firm Northwestern Mutual Investment Services, LLC

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Exley (Exley), previously associated with Northwestern Mutual Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Exley 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 $40,050.00 on April 16, 2020.

There are Recent Customer Complaints with Broker Jeffrey Cleckner in Firm LPL Financial LLC

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Cleckner (Cleckner), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Cleckner 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 $125,000.00 on April 20, 2020.

The firm received a FINRA notification of a customer complaint from [REDACTED] alleging the RR made four unauthorized withdrawals from her rollover IRA between 3/17/15 and 3/9/17 by forging her signature on one form and submitting three other forms that did not include her signature.

There are Recent Customer Complaints with Broker James Shelby in Firm Osaic Wealth, INC.

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Shelby (Shelby), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Shelby recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 15, 2020.

CLAIMANTS ALLEGE THEIR ACCOUNTS WERE OVERCONCENTRATED IN REIT’s AND ALTERNATIVE INVESTMENTS

Broker Timothy Owens in Cambridge Investment Research, INC. Firm Has Customer Complaint

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Owens (Owens), currently associated with Cambridge Investment Research, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Owens 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 $150,000.00 on April 17, 2020.

Allegations of improper investment recommendations.

There are Recent Customer Complaints with Broker Timothy Molnar in Firm Northwestern Mutual Investment Services, LLC

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Molnar (Molnar), currently associated with Northwestern Mutual Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Molnar 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 $5,000.00 on April 15, 2020.

Customer alleged the representative’s advice and actions caused a variable annuity that the customer owned through Minnesota Life Insurance Company/Securian Financial to lose value, and that representative did not adequately fulfill his responsibilities to her and provided her with incorrect information about the effect of taking withdrawals (which occurred in late 2012, early 2013) from the variable annuity.

Broker Patrick Albrecht in Calton & Associates, INC. Firm Has Customer Complaint

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patrick Albrecht (Albrecht), previously associated with Calton & Associates, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Albrecht recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 14, 2020.

Failure to conduct adequate Due Diligence, Negligence, Misrepresentation, Breach of Fiduciary Duty.

There are Recent Customer Complaints with Broker David Bittermann in Firm Oppenheimer & CO. INC.

July 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Bittermann (Bittermann), currently associated with Oppenheimer & CO. INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bittermann recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 20, 2020.

Client alleges investments were not fully explained and were unsuitable between November 2012 and March 2020

Broker Paul Akre in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

July 3, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Paul Akre (Akre) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Akre was employed by Merrill Lynch, Pierce, Fenner & Smith Incorporated at the time of the activity. If you have been a victim of Akre’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint on April 16, 2020.

Claimants allege FA sold them private securities that were unsuitable investments

Broker Timothy Fast in the Huntington Investment Company Firm Has Customer Complaint

July 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Fast (Fast), previously associated with the Huntington Investment Company, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Fast 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 $15,458.00 on August 07, 2020.

Client alleged that the Huntington Investment Company (HIC) representative erroneously represented that he had placed the client’s order to purchase a leveraged exchange-traded fund when the trade was not in fact placed. We have estimated the allegation activity dates for this complaint as 3/13/2020 to 3/13/2020.

There are Recent Customer Complaints with Broker Meredith Mccutchen in Firm Moody Securities, LLC

July 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Meredith Mccutchen (Mccutchen), previously associated with Moody Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mccutchen 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 $45,000.00 on August 11, 2020.

Claim alleges that Rep recommended investment in UDF IV the day before trading was halted and that this was not a suitable recommendation due to the risk involved in the investment and high concentration of alternative investments in the customer’s accounts.