Securities Lawyers Blog

There are Recent Customer Complaints with Broker Samuel Phillips in Firm Cape Securities INC.

May 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Samuel Phillips (Phillips), currently associated with Cape Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Phillips 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 March 27, 2024.

Customer alleges misrepresentation of product and risks, over concentration, negligence, lack of due diligence and supervision.

Broker Susan Morse in UBS Financial Services INC. Firm Has Customer Complaint

May 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Susan Morse (Morse), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Morse 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 $50,000.00 on March 26, 2024.

Claimants alleges, inter alia, that the annuity investment in his account was unsuitable 2013-2022.

Broker Thomas Ley in Wells Fargo Advisors Financial Network, LLC Firm Has Customer Complaint

May 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 25, 2024.

Claimant alleges her Financial Advisor made unauthorized trades causing Claimant losses.

There are Recent Customer Complaints with Broker Philip Riposo in Firm United Planners’ Financial Services of America A Limited Partner

May 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Philip Riposo (Riposo), previously associated with United Planners’ Financial Services of America A Limited Partner, has at least 5 disclosable events. These events include 5 customer complaints, alleging that Riposo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 25, 2024.

Breach of regulatory requirements, breach of fiduciary duty, negligence and gross negligence and breach of contract.

There are Recent Customer Complaints with Broker Kevin O’callahan in Firm Fidelity Brokerage Services LLC

May 23, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 07, 2024.

The customer alleges she was misled when she purchased a variable annuity in November 2021. The Customer no longer wants the annuity.

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

May 23, 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.

Broker James Landeros in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

May 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Landeros (Landeros), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Landeros recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on June 18, 2024.

Claimant alleges unsuitable investment recommendation and misrepresentation relating to options strategy from March 2024 to June 2024

There are Recent Customer Complaints with Broker Kevin Mccuen in Firm Country Capital Management Company

May 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Mccuen (Mccuen), currently associated with Country Capital Management Company, has at least one disclosable event. These events include one customer complaint, alleging that Mccuen 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 $4,700.00 on March 28, 2024.

The customer was frustrated a Roth IRA conversion was not processed by the time of the deadline for a rollover.

Broker Thomas Doran in Reagan Securities, INC. Firm Has Customer Complaint

May 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Doran (Doran), currently associated with Reagan Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Doran 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 $5,000.00 on March 28, 2024.

Negligence in failing to advise them of the proper ownership of assets resulting in inaccurate personal tax filings

There are Recent Customer Complaints with Broker Daniel Catone in Firm LPL Financial LLC

May 23, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 29, 2024.

Plaintiff alleges that from 2006 through 2008, the financial advisor made unsuitable recommendations.