Securities Lawyers Blog

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

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joshua Bradley (Bradley), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Bradley 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 November 15, 2023.

Claimant alleges that, in June 2014, the representative failed to disclose the illiquid nature and risks associated with a non-traded business development company. Claimant further alleges that the recommendation was unsuitable.

Broker Kevin Loyd in LPL Financial LLC Firm Has Customer Complaint

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Loyd (Loyd), currently associated with LPL Financial LLC, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Loyd 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 $17,500.00 on November 16, 2023.

Client alleges unsuitable investment.

Broker Paul Jones in Independent Financial Group, LLC Firm Has Customer Complaint

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Jones (Jones), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jones 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 $35,000.00 on November 15, 2023.

Cherry-picked investment suspended dividends due to COVID and, to date, has not resumed payments. Asset still has value; however, Claimant is alleging it was not suitable and that he has suffered losses.

There are Recent Customer Complaints with Broker Kathrine Hansen Russell in Firm Wells Fargo Clearing Services, LLC

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kathrine Hansen Russell (Hansen Russell), previously associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hansen Russell 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 $495,000.00 on November 17, 2023.

From 2018 to 2021, Claimant alleges that the Financial Advisor (FA) recommended the purchase of unsuitable investment portfolio, which was overconcentrated in certain money market funds that underperformed other benchmarks.

Broker E Steinberg in Oppenheimer & CO. INC. Firm Has Customer Complaint

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker E Steinberg (Steinberg), currently associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Steinberg 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 $2,500,000.00 on November 15, 2023.

Claimant asserts claims of failure to supervise, breach of fiduciary duty, breach of contract, fraud, and violations of FINRA Rules relating to investments in municipal bonds and two private equity investments, as well as the use of margin in connection with those investments. From 4/1/2017 to Present.

There are Recent Customer Complaints with Broker Timothy Scanlon in Firm Independent Financial Group, LLC

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Scanlon (Scanlon), previously associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Scanlon 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 $635,000.00 on November 14, 2023.

Claimant has purchased several GWG products since 2016. GWG filed Chapter 11 bankruptcy as a debtor in possession in April 2022. Claimant files this claim against Respondent Arque for a few causes of action including but not limited to breach of fiduciary duty, breach of contract, negligence and violation of various state and federal securities laws. Claimant files this claim against Respondent Scanlon for control person liability.

There are Recent Customer Complaints with Broker David Schauss in Firm Woodbury Financial Services, INC.

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Schauss (Schauss), previously associated with Woodbury Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Schauss 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 November 16, 2023.

Client alleges that variable universal life insurance policy was misrepresented at the time of purchase.

Broker Kathryn Hackney in LPL Financial LLC Firm Has Customer Complaint

June 28, 2025 | by Staff Attorney

Currently financial advisor Kathryn Hackney (Hackney), 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 final customer complaint with a damage request of $150,000.00 on November 14, 2023.

Claimant alleges representative made an unsuitable recommendation to purchase REITs in 2016.

There are Recent Customer Complaints with Broker Daniel Garvin in Firm World Equity Group, INC.

June 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 16, 2023.

The Statement of Claim alleges that the alternative investments recommended to claimants were unsuitable for them in light of their age, need for liquidity, and risk tolerance. It also claims that the investments were misrepresented to the claimants causing them significant damages. The investments in question were made from January, 2015 to February, 2015.

There are Recent Customer Complaints with Broker Joseph Pitch in Firm LPL Financial LLC

June 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Pitch (Pitch), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Pitch 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 $1,500,000.00 on November 15, 2023.

Alleged erroneous statement by financial professional that life insurance policy purchased in 2002 was paid in full as of October 2011 and no further premiums were due, when premium payment was required in November 2022 that could not be paid and claimant was required to sell the policy resulting in an alleged substantial loss.