Securities Lawyers Blog

There are Recent Customer Complaints with Broker Kirk O’brien in Firm Osaic Wealth, INC.

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kirk O’brien (O’brien), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that O’brien 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 $45,000.00 on August 30, 2024.

Claimant alleges their representative recommended an unsuitable Oil and Gas program.

Broker Kevin O’sullivan in Commonwealth Financial Network Firm Has Customer Complaint

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin O’sullivan (O’sullivan), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that O’sullivan 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 $300,000.00 on September 19, 2024.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.

There are Recent Customer Complaints with Broker Mark D’ercole in Firm Portsmouth Financial Services

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark D’ercole (D’ercole), previously associated with Portsmouth Financial Services, has at least one disclosable event. These events include one customer complaint, alleging that D’ercole 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 $590,000.00 on July 08, 2024.

The firm, Portsmouth Financial Services, was named as the respondent. Statement of claim cites that respondent failed to conduct reasonable due diligence, misrepresentation of facts, false statements and failure to supervise. Claims against rep include unsuitable investment recommendation.

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

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ethan Ladd (Ladd), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Ladd 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 $47,000.00 on January 17, 2025.

The client alleges misrepresentation and forgery from 2/1/2022-1/17/2025.

Broker Travis Lippmann in Spartan Capital Securities, LLC Firm Has Customer Complaint

June 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 05, 2024.

Alleged Alligations: Respondent is responsible for Securities Law, SEC Regulations & Industry Rules, Failure to Supervise & Negligent Supervision, Breach of fiduciary Duty

Broker Joseph Natoli in Park Avenue Securities LLC Firm Has Customer Complaint

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Natoli (Natoli), previously associated with Park Avenue Securities LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Natoli 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 $43,000.00 on October 29, 2024.

Client alleges the RR solicited and accepted loans from him on three separate occasions in 2023 totaling $43,000 plus interest.

Broker Ryan Callahan in Ameriprise Financial Services, LLC Firm Has Customer Complaint

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Callahan (Callahan), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Callahan 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 $22,419.00 on July 15, 2024.

Client alleged that her advisors failed to reallocate the funds in her Variable Universal Life policy (VUL) as she instructed in August 2023, December 2023 and again in January 2024, resulting in missed gains.

There are Recent Customer Complaints with Broker Karen Schmidt in Firm Northwestern Mutual Investment Services, LLC

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Karen Schmidt (Schmidt), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Schmidt 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 $400,000.00 on March 11, 2024.

Customers allege that in or around May 2018, the Representative sold them unsuitable non-variable life insurance policies and a fixed annuity, and that the Representative did not inform them of the illiquid nature of the annuity. Customers also allege that the representative initiated a transfer from a brokerage account without their knowledge to fund the fixed annuity.

There are Recent Customer Complaints with Broker Joshua Chabot in Firm Ameriprise Financial Services, LLC

June 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joshua Chabot (Chabot), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chabot 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 $22,419.00 on July 15, 2024.

Client alleged that her advisors failed to reallocate the funds in her Variable Universal Life policy (VUL) as she instructed in August 2023, December 2023 and again in January 2024, resulting in missed gains.

There are Recent Customer Complaints with Broker Kiffin Anderson in Firm Brokers International Financial Services, LLC.

June 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 05, 2024.

Clients allege that the representative; ignored their requests to not invest in annuities, while failing to disclose surrender fees and contract expenses, the representative’s suspension status and his change of broker/dealer impacted their ability to access the funds without surrender charges for the intention of investing in CDs.