Securities Lawyers Blog

Broker James Parrish in B. Riley Wealth Management Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Parrish (Parrish), previously associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Parrish 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 June 21, 2023.

IAR advised client to liquidate holdings, instead of transferring the holdings in kind, prior to transfer of assets to Firm. Client states that he incurred a long-term capital gains tax liability as a result of the advice provided and subsequent liquidation.

Broker Jerod Tilton in U.S. Bancorp Investments, INC. Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint with a damage request of $100,000.00 on June 20, 2023.

Customers allege that they received improper investment advice resulting in a loss to the value of their variable annuity.

There are Recent Customer Complaints with Broker Joseph Randolph in Firm Wells Fargo Clearing Services, LLC

June 17, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 20, 2023.

Petitioner alleges that the FA did not give correct instructions for a beneficiary designation regarding the transfer-on-death beneficiary form thus causing the improper withdrawals and/or transfer of monies from the client’s accounts. Petitioner also alleges that the financial advisor was going to file a form to correct the designation post-death.

There are Recent Customer Complaints with Broker Maury Lomax in Firm Morgan Stanley

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maury Lomax (Lomax), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Lomax 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 $1,000,000.00 on June 21, 2023.

Claimants alleged, inter alia, that the investments strategy executed in the clients’ account was not In their best interests – 2020-2022

Broker Paul Battson in Newbridge Securities Corporation Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Battson (Battson), previously associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Battson 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 $45,000.00 on June 21, 2023.

BREACH OF CONTRACT, BREACH OF FIDUCIARY DUTY, NEGLIGENCE, FRAUD & FAILURE TO SUPERVISE.

Broker Jerome Kusey in Osaic Wealth, INC. Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerome Kusey (Kusey), previously associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kusey 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 $6,816.00 on June 20, 2023.

Former RR, complaint received from new BD; Customer alleges she is due damages related to an exchange from Equitable VA toNSS Certificate. The exchange was unintentional and Equitable refused to reinstate without penalty. Customer paid $6,816 of penaltyand lost interest. Customer is requesting return of the penalty and interest as a result of the RRs oversight.

There are Recent Customer Complaints with Broker Christopher Knutson in Firm Aegis Capital Corp.

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Knutson (Knutson), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Knutson 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 June 20, 2023.

Client alleges misrepresentation and suitability in connection with an investment purchased in October 2019.

Broker Scott Rosenberg in UBS Financial Services INC. Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Rosenberg (Rosenberg), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Rosenberg 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 $525,000.00 on June 21, 2023.

Time frame: Starting in or about 2016 to April 2023\, \, Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Edward Rosenblatt in Firm Cetera Advisor Networks LLC

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Rosenblatt (Rosenblatt), currently associated with Cetera Advisor Networks LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rosenblatt 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 $200,000.00 on June 21, 2023.

Claimant alleges breach of fiduciary duty, breach of written contract, breach of oral contract, failure to supervise and control.

Broker Damon Stewart in Morgan Stanley Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Damon Stewart (Stewart), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Stewart 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 $1,667,000.00 on June 20, 2023.

Client alleges, inter alia, breach of fiduciary duty with respect to handing of account authorization changes and distributions requested by the client’s wife July 2018 – Aug 2018.