Securities Lawyers Blog

Broker James Parascandola in Pruco Securities, LLC. Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Parascandola (Parascandola), previously associated with Pruco Securities, LLC., has at least one disclosable event. These events include one customer complaint, alleging that Parascandola 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 $11,120.06 on April 18, 2024.

Customer alleges that the rep did not fully disclose all the facts regarding unauthorized transactions related to her accounts and that the Rep opened a GoFundme account on her behalf but she did not receive all of the funds that were raised.

There are Recent Customer Complaints with Broker Gregory Mcleod in Firm Newbridge Securities Corporation

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Mcleod (Mcleod), currently associated with Newbridge Securities Corporation, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mcleod 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 April 15, 2024.

Breach of fiduciary duty, negligence and reg bi.

There are Recent Customer Complaints with Broker Robert Ainbinder in Firm Westpark Capital, INC.

May 10, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 16, 2024.

Claimants alleged that the respondent, through it’s agent recommended unsuitable investments and made untrue statements of material fact.

Broker Richard Blake in Ameriprise Financial Services, INC. Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Blake (Blake), previously associated with Ameriprise Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Blake 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 $25,000.00 on April 16, 2024.

Customer alleged the representative recommended an unsuitable investment.

Broker Michael Ainbinder in Univest Securities, LLC Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 16, 2024.

Claimants alleged that the respondent, through its agent, recommended unsuitable investments and made untrue statements of material fact.

Broker Donna Seymour in Centaurus Financial, INC. Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donna Seymour (Seymour), currently associated with Centaurus Financial, INC., has at least 2 disclosable events. These events include 2 customer complaints, 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 $50,000.00 on April 18, 2024.

In early 2021, the customer alleges that the Registered Representative recommended an unsuitable, high-risk, and illiquid investment and breached her fiduciary duty.

There are Recent Customer Complaints with Broker Donald Wallace in Firm D.h. Hill Securities, Lllp

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Wallace (Wallace), previously associated with D.h. Hill Securities, Lllp, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Wallace 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 $100,001.00 on April 16, 2024.

Customer was a client beginning March 2019. Claim alleges unsuitable recommendation, negligence, and breach of contract.

Broker Murray Petersen in Ameriprise Financial Services, LLC Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Murray Petersen (Petersen), previously associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Petersen 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 $99,999.00 on April 15, 2024.

Claimant alleges fraud and breach of duty related to the sale of diamonds representative sold to claimant via an outside business activity.

Broker Robert Mckee in LPL Financial LLC Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Mckee (Mckee), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mckee 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 April 18, 2024.

Claimant alleges unsuitable recommendation and sale of alternative investment.

There are Recent Customer Complaints with Broker John Cobb in Firm LPL Financial LLC

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Cobb (Cobb), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cobb 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 $32,267.44 on April 18, 2024.

Client alleges that she gave advisor a firm order at a review meeting in July 2023 to purchase $50,000 worth of Eli Lilly shares (LLY). This purchase did not occur. Client reached out to advisor in March 2024 asking about the status of the purchase and why is had not been completed. He advised that he didn’t feel this was a good purchase for her at that time and they were set to discuss further. They met April 18, 2024 and the client says she made notes that she gave him an order and he was supposed to sell other mutual funds in the account and it seems possibly purchase another stock (NVO).