Securities Lawyers Blog

There are Recent Customer Complaints with Broker Dennis Twarogowski in Firm Independence Capital Co., INC.

May 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Twarogowski (Twarogowski), currently associated with Independence Capital Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Twarogowski 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 January 23, 2025.

Failuret to supervise registered representavie who put customers in a non existing Real Estate program

There are Recent Customer Complaints with Broker Robert Sessa in Firm Western International Securities, INC.

May 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Sessa (Sessa), currently associated with Western International Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Sessa 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 $45,937.02 on January 22, 2025.

Clients complained about the performance of alternative investments. The firm settled to avoid the costs of litigation and denies any wrongdoing and/or liability.

There are Recent Customer Complaints with Broker Steven Kahn in Firm American Trust Investment Services, INC.

May 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Kahn (Kahn), currently associated with American Trust Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kahn 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 $15,000.00 on January 09, 2025.

Breach of Fiduciary Duty; Fraud; Elder Abuse; Negligence; Negligent Misrepresentation

Broker Ramona Ivy in Edward Jones Firm Has Customer Complaint

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ramona Ivy (Ivy), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Ivy 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 $162,670.00 on February 26, 2025.

Client is upset because her 1099 reported $533k in capital gains regarding a mutual fund exchange from May 2024. Client alleged that the financial advisor indicated that this was not a taxable event and is requesting reimbursement of tax implications.

Broker James Davis in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Davis (Davis), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Davis 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 $33,840.00 on March 06, 2025.

Customers allege that in or around April 2023, in the course of their purchasing two variable universal life insurance policies from the Representative and another representative, misrepresentations were made regarding the costs associated with the policies.

There are Recent Customer Complaints with Broker Pamela Tipton in Firm Raymond James Financial Services, INC.

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Pamela Tipton (Tipton), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Tipton 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 $470,000.00 on March 03, 2025.

Client alleges she was not advised of the tax implications involved in a transfer and claims she would not have liquidated or transferred the account had she known.

Broker Paul Addo in UBS Financial Services INC. Firm Has Customer Complaint

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Addo (Addo), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Addo 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 $316,819.07 on March 04, 2025.

Claimant alleges unsuitable investment strategy, misrepresentation, omission of materials facts and failure to act in their best interest in April 2022.

There are Recent Customer Complaints with Broker Alexander Gorman in Firm Morgan Stanley

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexander Gorman (Gorman), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Gorman 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 $429,000.00 on March 07, 2025.

Attorney alleges, inter alia, that covered option trading recommended for clients was unsuitable 2019-2023

Broker Myrsa Acevedo in UBS Financial Services Incorporated of Puerto Rico Firm Has Customer Complaint

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Myrsa Acevedo (Acevedo), previously associated with UBS Financial Services Incorporated of Puerto Rico, has at least one disclosable event. These events include one customer complaint, alleging that Acevedo 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 $400,000.00 on March 10, 2025.

Time frame: \, Plaintiffs allege that their respective financial advisors recommended that they purchase and/or continue to hold Puerto Rico bonds and Puerto Rico closed-end bond funds, and omitted and misrepresented the risks of said securities, despite Puerto Rico’s deteriorating financial condition, resulting in losses when the Puerto Rico bond market collapsed in 2013.

Broker Jie Zheng in Allied Millennial Partners, LLC Firm Has Customer Complaint

May 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jie Zheng (Zheng), previously associated with Allied Millennial Partners, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Zheng 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 05, 2025.

Unsuitability recommendation of a REIT. No activity dates listed in SOC/Initial review indicates transactions at issue took place in 2015.