Securities Lawyers Blog

Broker William Carter in Ameriprise Financial Services, LLC Firm Has Customer Complaint

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Carter (Carter), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carter 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 May 19, 2022.

Clients alleged that an unnecessary delay by their advisor with respect to their request to liquidate their portfolio, including their advisory accounts, caused market losses.

There are Recent Customer Complaints with Broker Keith Cuomo in Firm Chelsea Financial Services

November 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 17, 2022.

The complainant alleges, that on January 24, 2022, she was sold a fixed index annuity, and the registered representative misrepresented several key factors of the product.

There are Recent Customer Complaints with Broker James Hundley in Firm LPL Financial LLC

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Hundley (Hundley), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hundley 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 May 16, 2022.

[REDACTED] alleges that Atlas Growth Partner, LP investment was an unsuitable investment for him.\<char_lb_r>\, \<char_lb_r>\, On June 18, 2015, [REDACTED] signed an HD Vest Disclosure agreement for the investment in Atlas Growth Partners, LP. [REDACTED] total liquid Net Worth was $1,093,151. [REDACTED] was looking for an investment to fund future vacations and to satisfy required minimum distributions for his individual retirement account. The [REDACTED] had no mortgage on their home and did not need the dividends or the investment to support their life style. [REDACTED] signed the agreement acknowledging that he was an accredited investor. He received first year dividends of $7,000.00 and after the first year Atlas ceased paying dividends, but continued to report the investment value as $100,000 up until 2021 with Mainstar Trust located in Iowa.

Broker Peter Cappos in Hilltop Securities INC. Firm Has Customer Complaint

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Cappos (Cappos), currently associated with Hilltop Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Cappos 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 $47,000.00 on May 19, 2022.

Claimant complains of poor account performance.

There are Recent Customer Complaints with Broker Peter Ferraro in Firm Moloney Securities Co., INC.

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Ferraro (Ferraro), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Ferraro 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 $75,000.00 on May 16, 2022.

Suitability/Negligence (2020-2022)

Broker Pascal Nguyen in Nylife Securities LLC Firm Has Customer Complaint

November 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 16, 2022.

In addition to the policy owner’s allegations concerning two unsuitable fixed annuity sales, the policy owner and her husband/beneficiary allege that the RR signed the husband’s name on a December 2015 letter of instruction and the policy owner’s initials on two fixed annuity documents in December 2014 and failed to disclose the tax consequences of reinvesting her IRA funds into the annuity.

There are Recent Customer Complaints with Broker Steven Ernst in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Ernst (Ernst), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Ernst recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 14, 2022.

Client alleged misrepresentation concerning the use of margin from November 9, 2018 until April 30, 2022.

Broker John Crigler in Great Point Capital LLC Firm Has Customer Complaint

November 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Crigler (Crigler), currently associated with Great Point Capital LLC, has at least one disclosable event. These events include one customer complaint, alleging that Crigler 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 May 19, 2022.

Claimants allege breach of fiduciary duty, misrepresentation/non-disclosures, omission of facts, suitability, violation of Blue Sky Laws, breach of contract, failure to supervise, negligence.

Broker Nicholas Wyzkiewicz in Gwn Securities INC. Firm Has Customer Complaint

November 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Wyzkiewicz (Wyzkiewicz), currently associated with Gwn Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Wyzkiewicz 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 $5,583.95 on May 20, 2022.

ON 5/17/2022 around 2:45pm a client [REDACTED] called rep’s Nicholas Wyzkiewicz’s office and left him a message asking to sell to cash the entire 403B account. The rep received a message after the market hours and submitted the trade immediately that night. The trade was executed as of 5/18 close. On 5/18 market dropped significantly. Client called on 5/18 and requested the rep to pay the difference of $5,583.95 because the rep’s recorded message did not make clear that trades cannot be accepted through voicemail the trade was corrected. Rep corrected the trade and paid the client the difference of $5,583.95

There are Recent Customer Complaints with Broker Adam Peacock in Firm Nylife Securities LLC

November 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 25, 2022.

Customer alleges that his specific instructions on July 18, 2021 to transfer the allocation of his Variable Annuities to conservative investments were not completed; resulting in market losses.