Securities Lawyers Blog

There are Recent Customer Complaints with Broker Phillip Jones in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Phillip Jones (Jones), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Jones 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 $5,000,000.00 on December 22, 2023.

The claimants allege misrepresentation, omissions, and unsuitable investment recommendations in 2016 and 2017.

Broker Daniel Ellison in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Ellison (Ellison), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Ellison recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 21, 2023.

The clients allege that registered representative failed to act in their best interest from 2019 through 2023.

There are Recent Customer Complaints with Broker Timothy Vanlohuizen in Firm Osaic Wealth, INC.

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Vanlohuizen (Vanlohuizen), previously associated with Osaic Wealth, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Vanlohuizen 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 December 26, 2023.

Claimant alleges unsuitable investments and overconcentration within various managed accounts.

Broker Michael Boothe in International Assets Advisory, LLC Firm Has Customer Complaint

June 11, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Michael Boothe (Boothe), previously associated with International Assets Advisory, LLC, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Boothe concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $960,000.00 on December 21, 2023.

Fraud, excessive trading/commissions, unauthorized trading, breach of fiduciary duty, unsuitability, breach of contract, negligence, unjust enrichment 2014-2018

There are Recent Customer Complaints with Broker Paul Witthauer in Firm G. A. Repple & Company

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Witthauer (Witthauer), currently associated with G. A. Repple & Company, has at least one disclosable event. These events include one customer complaint, alleging that Witthauer 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 $125,000.00 on December 28, 2023.

Client requested principal amount of three GWG L bonds totaling $125,000 to be returned to her for purchases made by her late husband in late 2020 & early 2021.

Broker Douglas Waisner in Western International Securities, INC. Firm Has Customer Complaint

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Waisner (Waisner), currently associated with Western International Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Waisner 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 December 22, 2023.

Misrepresentation

There are Recent Customer Complaints with Broker Patty Dawson in Firm Stifel, Nicolaus & Company, Incorporated

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patty Dawson (Dawson), previously associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Dawson 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 $1,000,001.00 on December 21, 2023.

Claimants allege violations of Michigan Uniform Securities Act of 2008, violation of California Corporate Securities Law, violation of Missouri Securities Act of 2003, violation of Michigan Consumer Protection Act, violation of California Consumer Legal Remedies Act, violation of Missouri Consumer Protection Act, breach of fiduciary duty, violation of Regulation Best Interest, violation of FINRA Rule 2111, violation of FINRA Rule 3110, negligence, and breach of contract.

Broker Gary Thomas in Osaic Wealth, INC. Firm Has Customer Complaint

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Thomas (Thomas), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Thomas 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 December 26, 2023.

Unsuitability of an underperforming (due to Covid pandemic impact on commercial office real estate) REIT is alleged

There are Recent Customer Complaints with Broker Thomas Cassedy in Firm First Allied Securities, INC.

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Cassedy (Cassedy), previously associated with First Allied Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cassedy 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 $210,000.00 on December 25, 2023.

Claimant alleges failure to properly allocate and diversify portfolio and failure to implement risk mitigation techniques from the inception of the account sometime in 2015 to May 2023. Mr.

There are Recent Customer Complaints with Broker James Montalto in Firm RBC Capital Markets, LLC

June 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Montalto (Montalto), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Montalto 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 $33,000.00 on December 26, 2023.

The client alleged a security was sold in March 2023 without his knowledge.