Securities Lawyers Blog

Broker Janet Doherty in Vanderbilt Securities, LLC Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Janet Doherty (Doherty), currently associated with Vanderbilt Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Doherty 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 $5,000.00 on January 11, 2024.

Customer alleges unauthorized transfer of funds from fixed annuities to a variable annuity.

There are Recent Customer Complaints with Broker John Dewitt in Firm Ausdal Financial Partners, INC.

June 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Dewitt (Dewitt), currently associated with Ausdal Financial Partners, INC., has at least one disclosable event. These events include one customer complaint, alleging that Dewitt 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 $100,000.00 on January 18, 2024.

Unsuitable investment; Misleading recommendation; Negligent due diligence

Broker Michael Risko in Osaic Institutions, INC. Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

Currently financial advisor Michael Risko (Risko), currently employed by brokerage firm Osaic Institutions, INC. has been subject to at least 2 disclosable events. These events include 2 customer complaints. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $45,420.00 on January 13, 2024.

A paperwork and processing error negated the redemption of a non-traded REIT due to death for Q4-2022. Share redemptions were suspended for Q1-2023 in advance of going public

There are Recent Customer Complaints with Broker Robert Schrieber in Firm Robert W. Baird & CO. Incorporated

June 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Schrieber (Schrieber), currently associated with Robert W. Baird & CO. Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Schrieber 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 $100,000.00 on January 13, 2024.

Client Alleges the stock the FA recommended was unsuitable for her.

Broker Bradford Lucas in Centaurus Financial, INC. Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bradford Lucas (Lucas), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lucas 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 $8,479.93 on January 15, 2024.

Client claims that in May of 2023, the Registered Representative gave a poor recommendation that resulted in the client getting an inferior product over the one he previously held.

Broker Gary Lear in MML Investors Services, LLC Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 15, 2024.

The complainant alleges that his registered representative, never informed him that he couldn’t withdraw only after-tax deposits in his account, and had he known, he never would have rolled his money over, on or around November 15, 2019.

Broker Brian Everett in Cetera Advisors LLC Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Everett (Everett), currently associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Everett 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 $100,000.00 on January 11, 2024.

Claimant alleges unsuitable recommendations and over concentration in alternative investments

Broker Richard Neuman in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 11, 2024.

Client alleges failure to satisfy fiduciary responsibilities.

Broker Patrick Mendenhall in Usca Securities LLC Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

Currently financial advisor Patrick Mendenhall (Mendenhall), currently employed by brokerage firm Usca Securities LLC has been subject to at least 2 disclosable events. These events include 2 customer complaints. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000,000.00 on January 12, 2024.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $3,000,000.00 on October 05, 2023.

Broker Leo Rosner in Cambridge Investment Research, INC. Firm Has Customer Complaint

June 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leo Rosner (Rosner), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rosner 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 $700,000.00 on January 17, 2024.

Statement of Claim alleges the financial professional recommended an unsuitable investment. Claimants suggest the investment was misrepresented to them.