Securities Lawyers Blog

There are Recent Customer Complaints with Broker Michael Seymour in Firm Centaurus Financial, INC.

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Seymour (Seymour), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Seymour 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 $150,000.00 on October 11, 2023.

The customer alleges that in June of 2020, the Registered Representative recommended an unsuitable, high-risk, speculative and illiquid investment and breached his fiduciary duty.

Broker Timothy Newell in Proequities, INC. Firm Has Customer Complaint

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Newell (Newell), previously associated with Proequities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Newell 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 $3,713,544.00 on October 16, 2023.

On or around October 16, 2023, Claimant requested to initiate arbitration proceedings against Harvest Investment Services, LLC, and Tim Newell (‘Respondents’), alleging violations of Illinois securities laws among a number of causes of action arising out of Respondents’ investment advisory services to Claimant between November 2015 and June 2023. Respondents denied all of Claimant’s allegations; however, in the interest of avoiding additional costly and time-consuming legal proceedings, Respondents during the mediation process agreed to settle Claimant’s claims.

Broker Fidel Trejo in UBS Financial Services INC. Firm Has Customer Complaint

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Fidel Trejo (Trejo), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Trejo 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 $1,500,000.00 on October 12, 2023.

Time frame: 2006-2023\, \, Allegations: Claimants allege that the recommendation to invest in and hold Puerto Rico closed-end funds and Puerto Rico municipal bonds 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.

Broker Susan Coriale in Gwn Securities INC. Firm Has Customer Complaint

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Susan Coriale (Coriale), currently associated with Gwn Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Coriale 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 $264,205.00 on October 17, 2023.

Client is alleging that in 2021 representative, Susan Coriale, failed to provide adequate tax advice for a recommendation that was given to the client to move her assets from a tax deferred annuity to a non- tax deferred joint mutual fund account causing the client to incur a substantial tax liability as well as having a negative impact on the client Social Security income and Medicare benefits. \, Client also alleges that a secondary recommendation was made to the client in 2022 to help mitigate the initial tax consequence, resulting in additional tax liabilities for the client.

Broker Francisco Vigil in Raymond James & Associates, INC. Firm Has Customer Complaint

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francisco Vigil (Vigil), previously associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Vigil 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 October 18, 2023.

Claimants alleged that FA failed to have any communications with Claimants for 15 years and that although one of the two Claimants authorized the FA to execute a specific trade in their joint account, the FA was required but failed to inform the other Claimant that the executed trade was in line with a capital preservation objective even though Claimants had a growth objective.

There are Recent Customer Complaints with Broker Judson Teekell in Firm M Holdings Securities, INC.

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Judson Teekell (Teekell), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Teekell 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 $1,000,000.00 on October 18, 2023.

Plaintiff alleges that she was advised to allow her policy to lapse in order to retrieve the cash value of the policy which could be used to fund a new policy with her intended beneficiaries, ultimately resulting in damages.\, \, The action was originally filed in State Court and has subsequently been moved to the Federal District Court for the Western District of Oklahoma.

There are Recent Customer Complaints with Broker Andrew Douglas in Firm Castle Placement, LLC

July 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 26, 2023.

Nov. 29, 2021- Oct. 25, 2022

Broker Feng Jin in UBS Financial Services INC. Firm Has Customer Complaint

July 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Feng Jin (Jin), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Jin 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, 2023.

Time Frame: September 8th, 2023 to October 16th 2023\, \, What were the allegations against the individual? The Client alleges the SRCA failed to follow his instructions by not executing trades in all of the accounts provided. Alleged damages are estimated to be in excess of $5,000.00.

There are Recent Customer Complaints with Broker Allen Martin in Firm Nylife Securities LLC

July 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Allen Martin (Martin), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Martin 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 $25,000.00 on October 25, 2023.

The policyowner alleges the RR did not fully inform him that he purchased a variable universal life insurance policy in February 2018. He believed he had purchased an annuity that included a life insurance policy. The policyowner later learned that he purchased a variable universal life insurance policy and not an annuity. The company has offered to rescind policy and refund premiums paid less the cost of term insurance for the time the policy was in-force.

There are Recent Customer Complaints with Broker Alexander Arango in Firm Cetera Investment Services LLC

July 3, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Alexander Arango (Arango), currently employed by Cetera Investment 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), Arango’s most recent customer complaint alleges that Arango 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 $600,000.00 on October 24, 2023.

Client alleges misrepresentation in the purchase of a Morgan Stanly Finance Structured Product.