Securities Lawyers Blog

There are Recent Customer Complaints with Broker Jason Street in Firm Fbl Marketing Services, LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Street (Street), currently associated with Fbl Marketing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Street 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 $51,304.00 on June 24, 2025.

Client states trades were placed in accounts without proper thought on tax consequence by the advisor which led to the client owing over $50K in state and federal taxes. Client states tax consequences were not explained to them by the rep and were blindsided when they did their taxes for the year.

There are Recent Customer Complaints with Broker Leo Chien in Firm Cetera Investment Services LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leo Chien (Chien), previously associated with Cetera Investment Services LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Chien recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on June 16, 2025.

Client alleges the representative told her the northstar healthcare income reit offered principal protection and a high interest rate. When she sold she received $9,090.00 from a purchase amount of $30,000.00.

Broker Andrew Baker in Independent Financial Group, LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Baker (Baker), currently associated with Independent Financial Group, 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 $50,000.00 on May 28, 2025.

Allege that investment was in a risky, privately traded REIT which was not suitable for a portion of his retirement savings

There are Recent Customer Complaints with Broker Eric Kleiner in Firm Morgan Stanley

August 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 02, 2025.

Claimant alleged, inter alia, FA recommended outside investment not authorized by the firm – May 2018 to March 2025

There are Recent Customer Complaints with Broker Megurditch Patatian in Firm Supreme Alliance LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Megurditch Patatian (Patatian), previously associated with Supreme Alliance LLC, has at least one disclosable event. These events include one customer complaint, alleging that Patatian 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 July 09, 2025.

Unsuitable investment in 3 real estate investment trusts in 2013, 2015, and 2016

Broker Michael Graham in LPL Financial LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Graham (Graham), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Graham 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 $300,000.00 on June 16, 2025.

Client alleges the advisor misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.

Broker Peter Po in Emerson Equity LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Po (Po), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Po 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 July 11, 2025.

Information contained herein was obtained from the U5 filing by representative’ previous firm. Claim alleges breach of contract, breach of fiduciary duty, failure to supervise, violation of Best Interest obligation for bonds purchased in 2020

Broker Gary Edmonds in LPL Financial LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Edmonds (Edmonds), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Edmonds 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 $1,300,000.00 on May 28, 2025.

Timeframe: June 2014 – 2024\, Allegations: Elderly claimant alleges her accounts were unsuitability invested in 100% equity account and a variable annuity. Claimant further alleges that the FA took discretion and failed to advise regarding surrender fee structure of annuity.

There are Recent Customer Complaints with Broker David Geake in Firm American Trust Investment Services, INC.

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Geake (Geake), previously associated with American Trust Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Geake 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 June 16, 2025.

Breach of fiduciary duty, reg bi, negligence

Broker Christopher Knutson in Aegis Capital Corp. Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Knutson (Knutson), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Knutson 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 02, 2025.

Time frame: 2015 – present. Claimant alleges unsuitable investment.