Securities Lawyers Blog

There are Recent Customer Complaints with Broker John Eggleton in Firm Ameritas Investment Company, LLC

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Eggleton (Eggleton), currently associated with Ameritas Investment Company, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Eggleton 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 $450,000.00 on December 20, 2023.

Claimants allege investment recommendation in the purchase of a REIT was unsuitable.

Broker Felix Lemarinel in LPL Financial LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Felix Lemarinel (Lemarinel), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lemarinel 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 $9,500.00 on December 19, 2023.

Mr. Lemarinel appears to have helped a customer to establish a non-qualified corporate account. The account was supposed to be a qualified Defined Benefit Plan.

There are Recent Customer Complaints with Broker Howard Raff in Firm LPL Financial LLC

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Howard Raff (Raff), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Raff 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 $300,000.00 on December 19, 2023.

The Statement of Claim was filed on behalf of nine claimants against Grove Point Investments, LLC involving the same investment – NorthStar Healthcare Income REIT. Claimants allege unsuitability, overconcentration, breach of fiduciary duty and negligence. Activity occurred March 24, 2014 to February 12, 2016.

Broker Brian Cote in Gpwa, LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Cote (Cote), currently associated with Gpwa, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Cote 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 $50,000.00 on December 19, 2023.

The Claimant alleges that the financial professional failed to adequately supervise the sale of an alternative investment by a representative under his direct supervision. The product sale took place on 8/4/2015 and the account was transferred on 11/18/2016.

Broker Jongwook Kim in Equitable Advisors, LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on December 19, 2023.

Claimant alleges REIT purchased was unsuitable.

There are Recent Customer Complaints with Broker Herbert White in Firm Lifemark Securities Corp.

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Herbert White (White), currently associated with Lifemark Securities Corp., has at least one disclosable event. These events include one customer complaint, alleging that White 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 $50,000.00 on December 20, 2023.

Attorneys representing the client allege that certain investment recommendations were not in keeping with the client’s needs and objectives, and that they were not adequately described to the client.

Broker Mark Wolpert in MML Investors Services, LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Wolpert (Wolpert), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wolpert 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 $50,000.00 on December 19, 2023.

The complainant alleges that his registered representative misrepresented, and sold him illiquid, unsuitable, complex alternative investments, disguised as a suitable investment strategy, on or about January 28, 2015, and has suffered damages of approximately $50,000.

Broker Steven Flahive in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $517,499.89 on December 19, 2023.

Claimants allege that beginning in 2020, an agreement with the FA on commissions to be charged ceased being followed without the consent of Claimants who were overcharged.

Broker Chad Nyitray in Ameriprise Financial Services, LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on December 19, 2023.

Claimants allege REIT purchased was unsuitable.

There are Recent Customer Complaints with Broker Paul Nowak in Firm Ameriprise Financial Services, LLC

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Nowak (Nowak), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nowak 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 $300,000.00 on December 19, 2023.

The Statement of Claim was filed on behalf of nine claimants against Grove Point Investments, LLC involving the same investment – NorthStar Healthcare Income REIT. Claimants allege unsuitability, overconcentration, breach of fiduciary duty and negligence. Activity occurred March 24, 2014 to February 12, 2016.