Securities Lawyers Blog

Broker William Dobbs in Centaurus Financial, INC. Firm Has Customer Complaint

July 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Dobbs (Dobbs), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Dobbs 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 $100,000.00 on June 02, 2025.

The customer alleges that in October of 2020, the Registered Representative misrepresented and recommended an unsuitable, illiquid investment.

Broker Richard Panno in Buckman, Buckman & Reid, INC. Firm Has Customer Complaint

July 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Panno (Panno), currently associated with Buckman, Buckman & Reid, INC., has at least one disclosable event. These events include one customer complaint, alleging that Panno 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 $2,250,000.00 on June 05, 2025.

Failure to supervise

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

July 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Melissa Spickler (Spickler), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Spickler 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 $350,000.00 on May 29, 2025.

The claimant alleges unsuitable investment strategy and failure to follow instructions from 2020 to 2025.

There are Recent Customer Complaints with Broker James Hedgspeth in Firm Morgan Stanley

July 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Hedgspeth (Hedgspeth), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Hedgspeth 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 $30,216.00 on July 18, 2023.

Customer alleges poor recommendation/advice and misrepresentation in 2022, resulting in high tax implications.

There are Recent Customer Complaints with Broker Brad Burton in Firm Morgan Stanley

July 17, 2025 | by Staff Attorney

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

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

The client alleges her former advisor recommended she transfer funds from her employer sponsored plans to a managed account without mentioning that the income from one of the plans is tax exempt from NY state. She claims the formerly tax-exempt income from the retirement account was made taxable when commingled with the other plan which has caused her city and state tax obligations to increase each year since 2019. She asks to be compensated.

Broker Ihab Elibiary in J.P. Morgan Securities LLC Firm Has Customer Complaint

July 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ihab Elibiary (Elibiary), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Elibiary 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 $49,051.00 on July 20, 2023.

Client, through counsel, alleges misrepresentation regarding variable annuity investment. Activity dates 4.25.22 – 4.10.23.

There are Recent Customer Complaints with Broker Robert Aikins in Firm LPL Financial LLC

July 17, 2025 | by Staff Attorney

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

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

The customer alleges unauthorized trading in account from July 2021 to April 2023

There are Recent Customer Complaints with Broker Nicholas Stovall in Firm Gradient Securities, LLC

July 17, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Nicholas Stovall (Stovall) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Stovall was employed by Gradient Securities, LLC at the time of the activity. If you have been a victim of Stovall’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on July 20, 2023.

Respondent recommended promissory notes issued by Premier Global Corporation\<char_lb_r>\, (PGC), Premier Factoring, LLC (PF-LLC) and/or Premier Factoring Group, LLC (PFG-LLC)\<char_lb_r>\, to six of his Minnesota investment advisory clients between 2018 and 2021 without\<char_lb_r>\, reasonable grounds to believe that the recommendations were suitable in violation of\<char_lb_r>\, Minn. Rule 2876.5023, subp. 1(A) (2023). These Minnesota investors then purchased over $1.1M in promissory notes from PFLLC,\<char_lb_r>\, PGC, and/or PFG-LLC between March of 2018 and May of 2021, incurring\<char_lb_r>\, substantial if not total losses in violation of Minn. Stat. 80A.69 \\u00a7 502(a)(2) (2024). Respondent failed to report these activities and the Premier Transactions to his\<char_lb_r>\, investment firm in violation of the Minnesota Securities Act and other matters\<char_lb_r>\, entrusted to the commissioner in violation of Minn. Stat. 45.027, subd. 7(2) (2024).Respondent failed to report these activities and the Premier Transactions to his\<char_lb_r>\, investment firm in violation of the Minnesota Securities Act and other matters\<char_lb_r>\, entrusted to the commissioner in violation of Minn. Stat. 45.027, subd. 7(2) (2024).

There are Recent Customer Complaints with Broker Scott Roslonowski in Firm Ameriprise Financial Services, LLC

July 17, 2025 | by Staff Attorney

Currently financial advisor Scott Roslonowski (Roslonowski), currently employed by brokerage firm Ameriprise Financial Services, LLC has been subject to at least one disclosable event. These events include one customer complaint. 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 settled customer complaint with a damage request of $200,000.00 on July 19, 2023.

The Claimants allege their advisor recommended unsuitable investments including variable annuities, variable universal life insurance and REITs.

There are Recent Customer Complaints with Broker Milind Dalal in Firm Purshe Kaplan Sterling Investments

July 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Milind Dalal (Dalal), previously associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Dalal 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 $500,000.00 on July 20, 2023.

Plaintiff alleges negligence and breach of fiduciary duty against Milind Dalal and his RIA in relation to outside business investment activity not associated with the RIA.