Securities Lawyers Blog

There are Recent Customer Complaints with Broker Daniel Polansky in Firm Osaic Wealth, INC.

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Polansky (Polansky), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Polansky 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 27, 2025.

Customers allege financial professional mismanaged portfolio causing a substantial reduction in its value. Customer further alleges that financial professional failed to follow trading instructions, charged excessive advisory fees, and made poor recommendations in various products, including collateralized non-purpose loans and treasuries.

Broker Jeffery Steely in Packerland Brokerage Services, INC. Firm Has Customer Complaint

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffery Steely (Steely), currently associated with Packerland Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Steely 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 $13,280.12 on March 26, 2025.

The customer is alleging the Prudential Fixed Indexed Annuity product with 10% bonus that he purchased in September 2024 was not explained in full by the Representative. After working with client and determining the clients financial needs, the Representative is stating this product was sold in the best interest of the client for what product options were available to the Representative at that time. The customer is looking for Prudential to refund the current account value of his IRA contract without surrender charge so that he can transfer this to another IRA.

There are Recent Customer Complaints with Broker Jose Fuentes Rodriguez in Firm Popular Securities, LLC

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jose Fuentes Rodriguez (Fuentes Rodriguez), currently associated with Popular Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fuentes Rodriguez 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 March 26, 2025.

Claimant alleges that Financial Consultant made recommendations to purchase and to hold P.R. Closed-end funds and P.R. Bonds, resulting in an over concentrated and high risk portfolio, which was unsuitable in light of the client’s stated risk tolerance and investment objective.

Broker Paul Murans in Thurston Springer Financial Firm Has Customer Complaint

May 17, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 31, 2025.

Brokers are required to adhere to the SEC’s Regulation Best Interest (Reg BI) standard of care under the Securities Exchange Act of 1934 which establishes a ‘best interest’ standard for broker-dealers and associated persons. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts. Reg BI is drawn from fiduciary principles that include an obligation to act in the retail investor’s best interest and the broker is prohibited from placing their own interests ahead of the investor’s interest.

There are Recent Customer Complaints with Broker Richard Kubiak in Firm Ameriprise Financial Services, LLC

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Kubiak (Kubiak), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kubiak 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 $6,075,978.00 on March 28, 2025.

Claimant alleges she was recommended unsuitable annuities, insurance products and Illiquid real estate investments.

There are Recent Customer Complaints with Broker Keith Dagostino in Firm Ef Hutton LLC

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Keith Dagostino (Dagostino), previously associated with Ef Hutton LLC, has at least one disclosable event. These events include one customer complaint, alleging that Dagostino 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 28, 2025.

Time frame: Unspecified. Claimants allege unsuitable investments.

Broker Edward Fredericks in Equitable Advisors, LLC Firm Has Customer Complaint

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Fredericks (Fredericks), currently associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fredericks 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 31, 2025.

Clients allege RR Fredericks made unsuitable investment recommendations and executed unauthorized trades in their IRA accounts.

There are Recent Customer Complaints with Broker Joseph Fedorko in Firm Laidlaw & Company (UK) Ltd.

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Fedorko (Fedorko), previously associated with Laidlaw & Company (UK) Ltd., has at least one disclosable event. These events include one customer complaint, alleging that Fedorko 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 March 31, 2025.

High Concentration and Unsuitable Investments from 2015-2023

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

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Frank Ward (Ward), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ward 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 $15,562.50 on March 28, 2025.

The client alleged the financial advisor provided poor advice and inaccurate information that resulted in a tax implication. Allegation Activity Dates: 01/01/2024 – 02/11/2025.

There are Recent Customer Complaints with Broker Alan Harrison in Firm Concorde Investment Services, LLC

May 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Harrison (Harrison), currently associated with Concorde Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Harrison 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 28, 2025.

Claim is alleging negligence, breach of fiduciary duty, fraud, misrepresentation, and violation of Alabama Securities Laws, in relation to investment made in October of 2019.