Securities Lawyers Blog

There are Recent Customer Complaints with Broker Ian Formigle in Firm Crowdstreet Capital LLC

May 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 14, 2025.

The claimants allege that from 2012 through 2022, CrowdStreet, Inc.’s operation of an online marketplace constituted operating as an unregistered broker-dealer, and that as CIO of CrowdStreet, Inc., Mr. Formigle was a ‘control person’ and he directly or indirectly controlled CrowdStreet, Inc. during that period.

Broker Thomas Garity in UBS Financial Services INC. Firm Has Customer Complaint

May 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Garity (Garity), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Garity 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 14, 2025.

Time frame: 2010-Present\, Allegations: Claimants allege that the recommendation to invest in and hold Puerto Rico closed-end funds was unsuitable and that their UBS account was over-concentrated in these investments. They also allege that the risks of investing in and concentrating in PR investments were misrepresented.

There are Recent Customer Complaints with Broker Brett Hartvigson in Firm Independent Financial Group, LLC

May 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brett Hartvigson (Hartvigson), previously associated with Independent Financial Group, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Hartvigson 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 $499,000.00 on March 13, 2025.

Alleges investments were not suitable

Broker Frank Rapini in Avantax Investment Services, INC. Firm Has Customer Complaint

May 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 13, 2025.

Customers alleged assets were over concentrated into annuity products.

Broker Jordan Weinberg in Founders Financial Securities LLC Firm Has Customer Complaint

May 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jordan Weinberg (Weinberg), currently associated with Founders Financial Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Weinberg 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 $54,937.70 on March 12, 2025.

On or about 3/12/25, Clients requested that RR not renew Brighthouse Shield IRA accounts at anniversary. Clients allege that RR should have moved the accounts to cash on the anniversary and prior to transfer out.

Broker Ivan Claudio in Nationwide Planning Associates INC. Firm Has Customer Complaint

May 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ivan Claudio (Claudio), previously associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Claudio 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 $2,000,000.00 on March 17, 2025.

The statement of claim makes allegations regarding unsuitable recommendations with respect to PR Bond Funds.

There are Recent Customer Complaints with Broker Jeff Webb in Firm Emerson Equity LLC

May 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeff Webb (Webb), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Webb 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 $200,000.00 on March 18, 2025.

Breach of fiduciary duty; negligence; suitability; misrepresentations and omissions of material fact under Colorado Securities Act; negligent misrepresentation; misrepresentation; omission; 2022

There are Recent Customer Complaints with Broker Paul Getty in Firm Emerson Equity LLC

May 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Getty (Getty), currently associated with Emerson Equity LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Getty 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 $435,068.09 on March 19, 2025.

Breach of fiduciary obligations/duties; breach of contract; negligence/professional negligence; violation of regulation BI; violations of Nevada Securities Act; Violations of Nevada laws protecting older or vulnerable persons from abuse, neglect or exploitation; violations of the Nevada deceptive trade practices act; violations federal rules and regulations; general equitable principals that apply in arbitration. Trades done in 2019,2020 and 2021. Allegations against representative Getty would be for suitability. Getty is not a respondent in this matter.

Broker Oliver Evan in Pnc Investments Firm Has Customer Complaint

May 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Oliver Evan (Evan), currently associated with Pnc Investments, has at least one disclosable event. These events include one customer complaint, alleging that Evan 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 $47,458.02 on March 18, 2025.

Client alleges Registered Representative’s recommendation was not in-line with his income objective.

Broker Paul Valdivia in Fidelity Brokerage Services LLC Firm Has Customer Complaint

May 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Valdivia (Valdivia), currently associated with Fidelity Brokerage Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Valdivia 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 $95,398.72 on March 17, 2025.

Customer alleges that the managed account was unsuitable for his investment needed.