Securities Lawyers Blog

Broker Michael Melton in Edward Jones Firm Has Customer Complaint

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Melton (Melton), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Melton 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 $332,353.32 on August 02, 2022.

Claimant, individually and in her capacity as Executrix of deceased client’s Estate, alleges through various causes of action, that Edward Jones permitted the wrongful transfer of funds to Claimant’s brother from her deceased mother’s Edward Jones account. Claimant questions the mother’s capacity to give instructions for such transfers and likewise challenges the validity and approval of the power of attorney.

Broker Robert Quinlan in LPL Financial LLC Firm Has Customer Complaint

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Quinlan (Quinlan), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Quinlan 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 $250,000.00 on August 05, 2022.

CUSTOMER ALLEGED THAT ADVISOR EMBARKED ON A HIGH-RISK STRATEGY OF CONCENTRATING ACCOUNT POSITIONS WITH EQUITY PURCHASES AND CALL OPTIONS. CUSTOMER STATES POSITIONS IN ACCOUNT DID NOT REFLECT INVESTMENT OBJECTIVES OR RISK TOLERANCE PREVIOUSLY DISCUSSED WITH ADVISOR. PORTFOLIO SUSTAINED LOSES UNACCEPTABLE TO CUSTOMER AND IN CUSTOMER’S OPINION, DEMANDS RESTITUTION.

There are Recent Customer Complaints with Broker Paul Hoghaug in Firm LPL Financial LLC

November 10, 2025 | by Staff Attorney

Currently financial advisor Paul Hoghaug (Hoghaug), currently employed by brokerage firm LPL Financial LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $17,483.30 on August 01, 2022.

The client alleges that private Real Estate Investment Trusts (REITs) purchased back in 2014 and 2015 were not suitable for a condominium Association.

There are Recent Customer Complaints with Broker Larry Shaw in Firm Morgan Stanley

November 10, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 02, 2022.

Allegation including time frame: Client expressed dissatisfaction with call writing strategies employed in his account from December 2019 through February 2022.

Broker Edward Sokolowski in Raymond James Financial Services, INC. Firm Has Customer Complaint

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Sokolowski (Sokolowski), currently associated with Raymond James Financial Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Sokolowski 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 $30,000.00 on August 02, 2022.

Client alleges purchases of certain alternative investments were unsuitable.

There are Recent Customer Complaints with Broker Roberto Vila in Firm Morgan Stanley

November 10, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 03, 2022.

The customer alleges unsuitable investment recommendations that contradicted their best interest and unauthorized trading. The customer also alleges that misleading reports were presented, omitting pertinent information from 4/1/2014 to 4/31/2022. .

There are Recent Customer Complaints with Broker John Fuller in Firm Cambridge Investment Research, INC.

November 10, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 04, 2022.

Client alleges FP failed to meet services expectations, traded funds that locked in unnecessary losses and did not monitor her accounts appropriately.

Broker Dennis Shidler in Brokers International Financial Services, LLC. Firm Has Customer Complaint

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Shidler (Shidler), previously associated with Brokers International Financial Services, LLC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Shidler 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 $20,000.00 on August 05, 2022.

Claimant claims breach of fiduciary duty and negligence by the Firm and that recommendations were unsuitable based on type of investment sold and claimant’s lack of understanding.

There are Recent Customer Complaints with Broker Christopher Keelin in Firm Money Concepts Capital CORP

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Keelin (Keelin), currently associated with Money Concepts Capital CORP, has at least one disclosable event. These events include one customer complaint, alleging that Keelin 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 $250,000.00 on July 28, 2022.

The customer is alleging misrepresentation of investments made in 2015 and 2016. The customer also alleges investments were unsuitable based on her objective and financial profile. This matter is currently under review.

Broker John Lancaster in Ausdal Financial Partners, INC. Firm Has Customer Complaint

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Lancaster (Lancaster), currently associated with Ausdal Financial Partners, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lancaster 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 August 04, 2022.

Breach of fiduciary duty, suitability, material misrepresentation in the sale of the investments, failure to supervise related to an investment in GWG L Bonds in November 2020 and January 2021. GWG filed for bankruptcy in June 2022 and the clients filed the arbitration soon after.