Securities Lawyers Blog

There are Recent Customer Complaints with Broker Dale Walts in Firm Gwn Securities INC.

July 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dale Walts (Walts), previously associated with Gwn Securities INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Walts 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 $10,596.00 on July 21, 2020.

During the fall of 2019 the client met the with representative for their review. Part of the review was a discussion surrounding the clients 403b loan amount. The representative made an erroneous recommendation to the client on how to pay off the loan which in turn created a tax liability for the client in 2020. The representative filed an E&O claim with both the BD’s policy and an additional active policy he had with his previous firm. Both E&O carriers have resolved the claim with the client.

There are Recent Customer Complaints with Broker Eduardo Gonzalez in Firm UBS Financial Services INC.

July 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eduardo Gonzalez (Gonzalez), previously associated with UBS Financial Services INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Gonzalez 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 $415,000.00 on July 20, 2020.

Claimant alleges the recommendation to invest and hold PR municipal bonds was unsuitable and that his account was over-concentrated in these investments. Claimant also alleges that the risk of investing in and concentration in Puerto Rico investments was misrepresented.

Broker Stephen Mills in Morgan Stanley Firm Has Customer Complaint

July 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Mills (Mills), previously associated with Morgan Stanley, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mills recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on July 17, 2020.

Attorney for estate alleged, inter alia, that new FA team did not prevent conversion of funds by POA from accounts of now deceased client- 2013 to 2019

There are Recent Customer Complaints with Broker Junko Nagai in Firm LPL Financial LLC

July 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Junko Nagai (Nagai), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Nagai 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 $10,000.00 on July 22, 2020.

Client alleges representative did not liquidate account as directed in December 2019.

There are Recent Customer Complaints with Broker Melinda Mccullough in Firm LPL Financial LLC

July 6, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 29, 2020.

The the clients allege the investments purchased between 2014-2015 were unsuitable and misrepresented by the representative. The clients also allege the firm failed to supervise the actions of the representative and failed to preform adequate due diligence.

Broker Philip Noto in First Standard Financial Company LLC Firm Has Customer Complaint

July 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Philip Noto (Noto), previously associated with First Standard Financial Company LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Noto 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 $5,000,000.00 on July 24, 2020.

Noto was named in a customer complaint that asserted the following causes of action: fraud; breach of fiduciary duties; negligence; and aiding and abetting.

There are Recent Customer Complaints with Broker David Wilson in Firm LPL Financial LLC

July 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Wilson (Wilson), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Wilson 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 July 23, 2020.

In his written complaint letter dated July 23, 2020, the customer claims that David Wilson provided him with false information in order to induce him to purchase a variable annuity in 2014.

Broker Darin Arnell in Cetera Wealth Services, LLC Firm Has Customer Complaint

July 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darin Arnell (Arnell), currently associated with Cetera Wealth Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Arnell 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 $237,494.00 on July 27, 2020.

Client alleges investments were not suitable. Client further alleges over-concentration in investment.

Broker Paul Stetter in Raymond James Financial Services, INC. Firm Has Customer Complaint

July 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Stetter (Stetter), currently associated with Raymond James Financial Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Stetter 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 $170,000.00 on July 27, 2020.

Client alleges advisor mismanaged accounts by providing unsuitable investment advice and misrepresenting investments.

There are Recent Customer Complaints with Broker Diane Hutchings in Firm LPL Financial LLC

July 6, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 22, 2020.

Customer alleges that in April 2013 through February 2014 representative made investment recommendations in non-traded real estate investment trusts and other high risk investments unsuitable for claimant’s investment objectives.