Securities Lawyers Blog

There are Recent Customer Complaints with Broker David Mcmillen in Firm Money Concepts Capital CORP

September 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Mcmillen (Mcmillen), currently associated with Money Concepts Capital CORP, has at least one disclosable event. These events include one customer complaint, alleging that Mcmillen 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 03, 2023.

Customer alleges lack of suitability, breach of fiduciary duty and negligence related to the purchase of alternative investments.

There are Recent Customer Complaints with Broker Gail Hilder in Firm Centaurus Financial, INC.

September 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gail Hilder (Hilder), previously associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hilder 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 April 04, 2023.

In January 2021, the customers allege that the Registered Representative improperly recommended a high-risk and illiquid investment.

There are Recent Customer Complaints with Broker Rajesh Shah in Firm Northwestern Mutual Investment Services, LLC

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rajesh Shah (Shah), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Shah 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 06, 2023.

Customers alleged the sales process for the life insurance policies did not address their financial needs and goals.

There are Recent Customer Complaints with Broker Timothy Mcgrath in Firm Vanderbilt Securities, LLC

September 11, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 10, 2023.

Edward Jones alleges Mr. McGrath violated the 12-month Non-Solicitation Agreement on or about December 2022. Edward Jones further alleges Mr. McGrath has made disparaging remarks about the Firm and its employees to the Firm’s clients.

Broker Ryan Hall in LPL Financial LLC Firm Has Customer Complaint

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Hall (Hall), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hall 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 $800,000.00 on April 10, 2023.

From late 2017 through 2018, the customer alleges that the Registered Representative made unsuitable recommendations of risky, illiquid investments.

There are Recent Customer Complaints with Broker Yu Tang in Firm Globalink Securities, INC.

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yu Tang (Tang), previously associated with Globalink Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Tang 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 $130,000.00 on April 11, 2023.

Client represented herself as a conservative investor and alleges that the municipal bond she purchased at the representative’s advice was unsuitable.

Broker Lawrence Napolitano in Independent Financial Group, LLC Firm Has Customer Complaint

September 11, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 08, 2023.

Various and non-various breach of fiduciary duty.

There are Recent Customer Complaints with Broker Tek Wiegert in Firm Northwestern Mutual Investment Services, LLC

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Tek Wiegert (Wiegert), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wiegert 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 06, 2023.

Customers alleged the sales process for the life insurance policies did not address their financial needs and goals.

Broker Marc Haggar in UBS Financial Services INC. Firm Has Customer Complaint

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Haggar (Haggar), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Haggar 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 $70,000.00 on April 10, 2023.

Time frame: December 2020-February 2023\, \, Client alleges a misstatement of fact and a failure to follow instructions regarding certain investments which were agreed to be retained once brought into UBS.

Broker Robert Gustafson in Ameriprise Financial Services, LLC Firm Has Customer Complaint

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Gustafson (Gustafson), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gustafson 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 $36,974.00 on April 08, 2023.

The client alleged the advisor transferred the incorrect number of AAPL shares from her Roth IRA to her NQ account in January 2022 and misrepresented the amount of tax liability she would be responsible for.