Securities Lawyers Blog

Broker Michael Whitaker in Newbridge Securities Corporation Firm Has Customer Complaint

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Whitaker (Whitaker), previously associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Whitaker 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 $50,000.01 on April 25, 2025.

Breach of contract, breach of fiduciary duty, failure to supervise and negligence.

Broker Paul Rangel in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Rangel (Rangel), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rangel 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 $29,138.58 on April 24, 2025.

Claimant alleges claims for breach of fiduciary duty and unsuitability with respect to a variable universal life policy.

Broker Eric Ruthman in Purshe Kaplan Sterling Investments Firm Has Customer Complaint

July 28, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Eric Ruthman (Ruthman), currently employed by Purshe Kaplan Sterling Investments has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Ruthman’s most recent customer complaint alleges that Ruthman recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a pending customer complaint on April 23, 2025.

Claimants allege that during the time period December 2020 to November 2021, representative recommended unsuitable investments in structured products and breach of fiduciary duty.

There are Recent Customer Complaints with Broker Michael Archimede in Firm PFS Investments INC.

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Archimede (Archimede), previously associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Archimede 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 $80,000.00 on April 28, 2025.

Michael Archimede allegedly borrowed money from James Hill in November and December, 2023.

Broker Tala Meyer in Edward Jones Firm Has Customer Complaint

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Tala Meyer (Meyer), previously associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Meyer 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 April 28, 2025.

Claimant alleges unsuitability and misrepresentation with respect to a master limited partnership investment.

There are Recent Customer Complaints with Broker Jonathan Hatch in Firm LPL Financial LLC

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jonathan Hatch (Hatch), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hatch 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 $75,000.00 on April 26, 2025.

Customer alleges that in November 2021, advisor made unauthorized withdrawals from customer’s account.

There are Recent Customer Complaints with Broker Stephen Parks in Firm Skystone Securities, LLC

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Parks (Parks), currently associated with Skystone Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Parks 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 $5,000,000.00 on April 25, 2025.

Claimant’s financial advisor, Stephen Glover Parks (‘Parks’), recommended a wholly unsuitable investment strategy to the Claimant. Specifically, Claimant was solicited to invest in two speculative, alternative investments which were unsuitable for him, but which generated substantial revenue for Respondents. These conflicted recommendations were wholly unsuitable for Claimant, were misrepresented to Claimant, and Respondents failed to\, conduct appropriate due diligence prior to selling at least one of them. As a result of these recommendations, Claimant lost substantial funds which cannot be recovered outside of this arbitration.

There are Recent Customer Complaints with Broker Matthew Harris in Firm Kestra Investment Services, LLC

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Harris (Harris), currently associated with Kestra Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Harris 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 $100.00 on April 24, 2025.

Claimant alleges that Respondent failed to comply with Regulation Best Interest Considerations.

There are Recent Customer Complaints with Broker Sam Su in Firm Ameriprise Financial Services, LLC

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sam Su (Su), currently associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, 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 on April 25, 2025.

Claimant alleges, inter alia, that the investment strategy executed in the client’s account was unsuitable – September 2023 to Dec 2024

There are Recent Customer Complaints with Broker Krikor Demirjian in Firm Vanderbilt Securities, LLC

July 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Krikor Demirjian (Demirjian), currently associated with Vanderbilt Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Demirjian 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 $2,500,000.00 on April 28, 2025.

Customer alleges that an investment recommendation was unsuitable and misleading.