Securities Lawyers Blog

There are Recent Customer Complaints with Broker Ronald Bucher in Firm San Blas Securities LLC

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Bucher (Bucher), previously associated with San Blas Securities LLC, has at least 7 disclosable events. These events include 6 customer complaints, one regulatory event, alleging that Bucher 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 June 10, 2024.

The allegations refer to activity in the clients account from 2019-2023 when Bucher was terminated from Pinnacle Investments. Client claims investments were unsuitable and not authorized. Additionally client claims Bucher did not properly explain the investments that were in the account which led to losses in the account.

Broker Richard Sica in Charles Schwab & Co., INC. Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 11, 2024.

The client alleges in January and February 2024, the representative failed to follow instructions regarding his investment strategy.

Broker Bryon Martinsen in Centaurus Financial, INC. Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bryon Martinsen (Martinsen), previously associated with Centaurus Financial, INC., has at least 4 disclosable events. These events include 4 customer complaints, alleging that Martinsen 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 $175,000.00 on June 11, 2024.

The customers allege that the Registered Representative recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

Broker Myong Park in Nylife Securities LLC Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 12, 2024.

Customer’s attorney alleges that the Variable Annuity she purchased in July 2019 was not clearly understood by the customer and did not take into consideration the customer’s need to access these funds.

There are Recent Customer Complaints with Broker Randall Mcgill in Firm Ausdal Financial Partners, INC.

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Randall Mcgill (Mcgill), currently associated with Ausdal Financial Partners, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Mcgill 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 $57,000.00 on June 12, 2024.

Claimant took issues with losses incurred on a 25000 gwg l bond and on certain equity based investments in a separate account between jan 2021 and June 2022.

Broker Mike Kilpatrick in Centaurus Financial, INC. Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mike Kilpatrick (Kilpatrick), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kilpatrick 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 $150,000.00 on June 11, 2024.

The customer alleges that the Registered Representative recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

Broker Guy Clemente in Aegis Capital Corp. Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Guy Clemente (Clemente), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Clemente 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 $750,000.00 on June 11, 2024.

Breach of Fiduciary Duty, Suitability, Fair Dealing, Excessive Trading, Failure to Supervise, Breach of Contract

There are Recent Customer Complaints with Broker William Dobbs in Firm Centaurus Financial, INC.

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Dobbs (Dobbs), currently associated with Centaurus Financial, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Dobbs 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 $30,920.00 on June 11, 2024.

The customer alleges that the Registered Representative recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Timothy Sherer in Firm Emerson Equity LLC

April 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 12, 2024.

Unsuitable recommendations, violation of common law fraud, breach of fiduciary duty, negligence.

Broker Reuben Brown in Edward Jones Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Reuben Brown (Brown), previously associated with Edward Jones, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Brown 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 $130,000.00 on June 12, 2024.

Claimants allege that in 2021, registered representative presented an investment opportunity called Clover Capital that was, according to registered representative, short term and risk free. Claimants assert Clover Capital was a sham, created by registered representative to swindle money from his clients.