Securities Lawyers Blog

There are Recent Customer Complaints with Broker Darren Daye in Firm Equitable Advisors, LLC

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darren Daye (Daye), currently associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Daye 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 $130,000.00 on October 26, 2022.

Suitability in GWG Holdings L Bonds and preferred stock and GPB Waste Management, LP. October 2017to June 2018.

There are Recent Customer Complaints with Broker Ronald Birnbaum in Firm Advisory Group Equity Services Ltd.

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Birnbaum (Birnbaum), previously associated with Advisory Group Equity Services Ltd., has at least one disclosable event. These events include one customer complaint, alleging that Birnbaum 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 $455,453.83 on October 24, 2022.

Client, through their attorneys, asserts statutory and common-law claims for alleged unsuitable investments resulting in investment losses.

There are Recent Customer Complaints with Broker Theodore Hawrylak in Firm Nylife Securities LLC

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Theodore Hawrylak (Hawrylak), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hawrylak 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 $5,896.32 on October 25, 2022.

Customer alleges that she would not have purchased a Variable Annuity in February 2021 if she had been aware of the surrender period and surrender charge. Customer seeks a refund of premiums paid without surrender charges.

There are Recent Customer Complaints with Broker Roy Waugh in Firm Ameriprise Financial Services, LLC

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roy Waugh (Waugh), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Waugh 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 October 24, 2022.

Claimant alleges Respondent did not change the beneficiaries as requested by [REDACTED] prior to her death and that Respondent did not pay the proper beneficiaries.

There are Recent Customer Complaints with Broker Alan Edelstein in Firm Kestra Investment Services, LLC

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Edelstein (Edelstein), previously associated with Kestra Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Edelstein 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 $870,916.00 on October 28, 2022.

Claimants allege Kestra failed to conduct reasonable due diligence, recommended unsuitable speculative investments to elderly investors, and failed to monitor and manage the claimants accounts.

There are Recent Customer Complaints with Broker Seymour Cohen in Firm Wilmington Capital Securities, LLC

October 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on October 31, 2022.

Respondent Cohen failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker Donavan Hilsabeck in Firm Wells Fargo Clearing Services, LLC

October 5, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Donavan Hilsabeck (Hilsabeck), previously employed by Wells Fargo Clearing Services, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Hilsabeck’s most recent customer complaint alleges that Hilsabeck recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $220,000.00 on October 27, 2022.

Claimant alleges that the performance of a structured CD purchased in 2015 and maturing in 2022 was misrepresented.

There are Recent Customer Complaints with Broker Donald Mckiernan in Firm Landolt Securities, INC.

October 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Mckiernan (Mckiernan), currently associated with Landolt Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mckiernan 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 $110,000.00 on October 31, 2022.

Customer alleges that a registered representative, Anthony Liddle, solicited her to purchase L-Bonds issued by GWG Holdings, Inc., but instead of purchasing the investment, he misappropriated $110,000. Customer asserts claims against Mr. McKiernan for negligence/failure to supervise and violations of the Wisconsin Uniform Securities Act.

There are Recent Customer Complaints with Broker Kenneth Finnell in Firm Centaurus Financial, INC.

October 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 25, 2022.

During the period April 3, 2012 through August 13, 2018, the customer alleges that the Registered Representative recommended unsuitable and unsuccessful investments.

Broker Bruce Johnson in Arete Wealth Management, LLC Firm Has Customer Complaint

October 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 25, 2022.

Claimants purchased L bonds in January 2020 ($25k), August 2020 ($25k), and December 2020 ($25k). Claim against Portsmouth Financial as the ‘respondent’ include misrepresenting or omitting that the Bonds were high-risk, speculative and could result in a total loss of principal. Additional claims include that the firm failed to adequately disclose material changes to GWG’s business model in 2018, and that the firm’s due diligence was inadequate.