Securities Lawyers Blog

There are Recent Customer Complaints with Broker James Green in Firm Edward Jones

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Green (Green), previously associated with Edward Jones, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Green recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 17, 2023.

Without admitting or denying the findings, Green consented to the sanction and to the entry of findings that he refused to provide documents and information requested by FINRA. The findings stated that this matter originated from FINRA’s review of Green’s Form U5 that his member firm filed that stated, in part, that he executed an order in a client account without speaking to the client.

There are Recent Customer Complaints with Broker Roman Meyerhans in Firm Stifel, Nicolaus & Company, Incorporated

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roman Meyerhans (Meyerhans), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least 3 disclosable events. These events include one customer complaint, 2 regulatory events, alleging that Meyerhans recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 17, 2023.

Subject to an order and suspension by FINRA for violating FINRA Rules 4511 and 2010.

There are Recent Customer Complaints with Broker Arthur Mcquaide in Firm Spartan Capital Securities, LLC

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Arthur Mcquaide (Mcquaide), previously associated with Spartan Capital Securities, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Mcquaide recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on December 07, 2023.

Without admitting or denying the findings, McQuaide consented to the sanction and to the entry of findings that he engaged in excessive and quantitatively unsuitable trading in two senior customer’s accounts. The findings stated that McQuaide’s customers relied on his advice and routinely followed his recommendations and, as a result, McQuaide exercised de factor control over their accounts. As a result of McQuaide’s trading, the customers suffered collective realized losses of $190,839, while paying total trading costs of $201,684, including commissions of $160,360.

Broker Scott Smith in J.w. Cole Financial, INC. Firm Has Customer Complaint

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Smith (Smith), previously associated with J.w. Cole Financial, INC., has at least 3 disclosable events. These events include one customer complaint, 2 regulatory events, alleging that Smith recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on March 08, 2024.

As a result of the investment advisor’s previous FINRA suspension and monetary penalty, the state of California is placing a restriction on the investment advisor’s business activities for a period of two years through an ‘Agreement of Undertaking for Investment Advisory Representative’s Employment in California’.

Broker Elba Nogueras in First Southern, LLC Firm Has Customer Complaint

January 10, 2026 | by Staff Attorney

Previously financial advisor Elba Nogueras (Nogueras), previously employed by brokerage firm First Southern, LLC has been subject to at least 2 disclosable events. These events include one customer complaint, one regulatory event. 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 on September 18, 2023.

Without admitting or denying the findings, Nogueras consented to the sanctions and to the entry of findings that she willfully violated the Care Obligation of Rule 15l-1 under the Securities Exchange Act of 1934 (Reg BI) by recommending that her customer, a 52-year-old, invest in an illiquid, non-traded real estate investment trust (REIT) without having a reasonable basis to believe the investment was in the customer’s best interest. The findings stated that the prospectus cautioned that investments in the non-traded REIT involved a high degree of risk and could have resulted in a complete loss of principal. Based upon Nogueras’ recommendation, her customer invested $81,000, which represented 81 percent of the customer’s liquid net worth, in the non-traded REIT, resulting in Nogueras earning a commission of $5,670. Given the risk and illiquidity of investments in the non-traded REIT, Nogueras lacked a reasonable basis to believe her recommendation was in the best interest of the customer, who had a moderate risk tolerance and limited investment experience.

Broker Ronald Molo in Edward Jones Firm Has Customer Complaint

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Molo (Molo), previously associated with Edward Jones, has at least 6 disclosable events. These events include 3 customer complaints, 3 regulatory events, alleging that Molo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on November 08, 2023.

The Securities and Exchange Commission (‘Commission’) deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted against Ronald T. Molo. In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement (the ‘Offer’) which the Commission has determined to accept. The Commission finds that: on September 27, 2022, in the civil action Case No. 21-cv-6286, in the United States District Court for the Northern District of Illinois, a judgment by default was entered against Molo permanently enjoining him from participating, directly or indirectly, in the issuance, purchase, offer, or sale of any security, including inducing or attempting to induce the purchase or sale of any security, or causing any person or entity to engage in any activity for the purpose of inducing or attempting to induce the purchase of sale of any security, or deriving compensation from any activity engaged in for the purpose of inducing or attempting to induce the purchase or sale of any security, and further including but not limited to, participating in the issuance, purchase, offer, or sale of any security through an entity that Molo owns or controls; provided, however, that such injunction shall not prevent Molo from purchasing or selling securities listed on a national securities exchange for his own personal account. The Commission’s complaint alleged that between January 2019 and November 2020, Molo misappropriated a total of approximately $800,000 from two of his investment advisory clients and one of his brokerage customers. On December 1, 2022, Molo pled guilty to one count of wire fraud in violation of Title 18 United States Code, Sections 1343 before the United States District Court for the Northern District of Illinois Eastern Division, in Criminal Case No. 1:21-CR-698. On May 23, 2023, a judgment in the criminal case was entered against Molo. He was sentenced to a prison term of 24 months, followed by two years of supervised release, and he was ordered to pay restitution in the amount of $710,308. The count of the criminal indictment to which Molo pled guilty alleged, inter alia, that from approximately 2018 through June 2021, Molo, while employed by a large financial institution as a licensed financial advisor, conducted a scheme to defraud and obtain money from clients through materially false and fraudulent pretenses, representations, and promises. As part of the scheme, Molo falsely advised multiple clients that he had a good investment opportunity for them, supposedly involving tax-exempt, interest-bearing bonds or bond funds. In reality, this investment opportunity did not exist. As part of the scheme, Molo fraudulently induced clients to transfer funds to his personal bank account, and Molo then converted client funds for his own personal use.

Broker John Pelletier in LPL Financial LLC Firm Has Customer Complaint

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Pelletier (Pelletier), previously associated with LPL Financial LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Pelletier recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 21, 2023.

Pelletier was named a respondent in a FINRA complaint alleging that he engaged in unauthorized trading by executing trades with a total principal value of $37,799 in a member firm customer’s IRA without the customer’s or an authorized person’s prior written or oral authorization or consent. The complaint alleges that the customer, a 62-year-old who was retiring, was the sole owner of the IRA and the only person authorized to direct trades in the account. The customer was identified as ‘single’ on the new account documents, and his ex-wife was identified as the primary beneficiary of the account. The only securities transactions in, or distributions from, the IRA were periodic distributions of $500 to be deposited every month in a checking account he held jointly with his ex-wife. Each of the unauthorized trades involved Pelletier selling one of two classes of shares of a mutual fund holding in the customer’s account in order to fund a redemption and distribution. Although the customer’s ex-wife was not an authorized party on the account, Pelletier executed each of the trades after receiving verbal instructions to process the redemption solely from the customer’s ex-wife. Further, the customer had not provided Pelletier or the firm with written authorization or a power of attorney authorizing his ex-wife to direct trading in the account. For each of the trades, Pelletier decided which class of mutual fund to sell in order to generate the funds requested by the customer’s ex-wife, without obtaining authorization or consent from the customer for the trades.

There are Recent Customer Complaints with Broker Michael Digioia in Firm Lampost Capital, L.c.

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Digioia (Digioia), previously associated with Lampost Capital, L.c., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Digioia recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 27, 2023.

Respondent Digioia failed to comply with an arbitration award or settlement agreement or to satisfactory respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker Thomas Kintz in Firm T3 Trading Group, LLC

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Kintz (Kintz), previously associated with T3 Trading Group, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Kintz recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on March 06, 2024.

Without admitting or denying the findings, Kintz consented to the sanctions and to the entry of findings that he exercised discretion in two customer accounts, who were his relatives, without prior written authorization from the customers, or permission from his member firm. The findings stated that Kintz engaged in a trading strategy involving exchange traded products. Although Kintz discussed the investment strategy with the customers, he did not speak with them on the days of the trades. Kintz aggravated his misconduct by using an unapproved communication channel to exchange messages concerning investment recommendations with both customers.

There are Recent Customer Complaints with Broker Robin Runco in Firm Cfd Investments, INC.

January 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robin Runco (Runco), previously associated with Cfd Investments, INC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Runco recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 05, 2024.

Respondent Johnson failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.