Securities Lawyers Blog

Broker Kevin Regan in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Regan (Regan), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Regan 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 $305,000.00 on October 30, 2023.

Customers, first and second successor trustees of a charitable remainder trust, allege that the Representative failed to invest the trust’s funds in managed advisory accounts according to the trust provisions, and failed to advise customers of same. Customers also allege that their personal assets were not invested in accordance with their risk tolerance or circumstances. The Representative denies the allegations.

Broker Edward Cohen in Truist Investment Services, INC. Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 27, 2023.

Client alleges the investment was unsuitable.

There are Recent Customer Complaints with Broker Alan Hofstein in Firm Securities America, INC.

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Hofstein (Hofstein), previously associated with Securities America, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hofstein 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 30, 2023.

The Claimants allege that the financial professional sold them an alternative investment that was unsuitable.

There are Recent Customer Complaints with Broker Douglas Lode in Firm Private Client Services, LLC

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Lode (Lode), previously associated with Private Client Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lode 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 $500,000.00 on October 31, 2023.

Statement of Claim alleges the financial professional recommended an unsuitable investment. Claimant suggests the investment was misrepresented.

Broker Daniel Wilson in Ameriprise Financial Services, LLC Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Wilson (Wilson), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wilson 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 $20,000.00 on October 30, 2023.

Claimant alleges unsuitable investments and misrepresentations made by the advisor in 2022.

Broker Seng Heuansavath in LPL Financial LLC Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 30, 2023.

Authorized representative verbally complained that their financial advisor recommended the purchase of an annuity contract without taking into consideration that withdrawals made to fulfill their RMD requirement would result in the loss of step up benefits. (07/30/2009 – 01/02/2013)

There are Recent Customer Complaints with Broker Rafael Gonzalez in Firm Morgan Stanley

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rafael Gonzalez (Gonzalez), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Gonzalez 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 $157,779.00 on October 31, 2023.

Plaintiffs allege unsuitable investment recommendations, fraudulent and negligent misrepresentations, and omissions of material information regarding investments in Plaintiffs’ account.

Broker Jeffrey Johnston in LPL Financial LLC Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Johnston (Johnston), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Johnston 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 $500,000.00 on October 31, 2023.

Statement of Claim alleges the financial professional recommended an unsuitable investment. Claimant suggests the investment was misrepresented to him.

Broker Randall Skrabonja in Green Vista Capital, LLC Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Randall Skrabonja (Skrabonja), previously associated with Green Vista Capital, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Skrabonja 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 $1,000,000.00 on October 27, 2023.

CLAIMANTS ALLEGE BREACH OF FIDUCIARY DUTY; VIOLATION OF FINRA RULES , BREACH OF CONTRACT AND NEGLIGENCE; AND NEGLIGENT SUPERVISION.

Broker Larry Lucco in Nfp Advisor Services, LLC Firm Has Customer Complaint

July 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Larry Lucco (Lucco), previously associated with Nfp Advisor Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lucco 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 $5,000.00 on October 30, 2023.

Claimant alleges Lucco allowed the claimant’s life insurance policies to lapse and misrepresented this to the claimants. Claimants also allege Lucco made unauthorized transactions.