Securities Lawyers Blog

Broker Victor Raigoza in LPL Financial LLC Firm Has Customer Complaint

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Victor Raigoza (Raigoza), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Raigoza 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 $45,000.00 on July 30, 2024.

Claimants allege they suffered losses due to representative’s choice of investments that allegedly underperformed. Time period September 2020 to March 2024.

Broker Shawn Spellacy in San Blas Securities LLC Firm Has Customer Complaint

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shawn Spellacy (Spellacy), currently associated with San Blas Securities LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Spellacy 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 $500,000.00 on July 30, 2024.

Unsuitable recommendation, misrepresentation and concentration.

There are Recent Customer Complaints with Broker Ramon Haile in Firm Avantax Investment Services, INC.

April 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 26, 2024.

Customer alleged in 2015 the representative recommended an unsuitable investment.

There are Recent Customer Complaints with Broker Patricia Fleming in Firm LPL Financial LLC

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patricia Fleming (Fleming), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fleming 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 $500,000.00 on July 30, 2024.

Client alleges that certain mutual funds and ETFs purchased for his managed portfolio were not suitable the client. Time period: 2019-2024.

There are Recent Customer Complaints with Broker Alfred Block in Firm Buckman, Buckman & Reid, INC.

April 20, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Alfred Block (Block), currently associated with Buckman, Buckman & Reid, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Block concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,225,000.00 on August 24, 2024.

Churning

Broker Harry Buckman in Buckman, Buckman & Reid, INC. Firm Has Customer Complaint

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Harry Buckman (Buckman), currently associated with Buckman, Buckman & Reid, INC., has at least one disclosable event. These events include one customer complaint, alleging that Buckman 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 $2,250,000.00 on August 23, 2024.

Failure to supervise

There are Recent Customer Complaints with Broker W Jones in Firm Cambridge Investment Research, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker W Jones (Jones), currently associated with Cambridge Investment Research, INC., 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 on July 29, 2024.

Customers allege that investments made in 2014 and 2015 were unsuitable for the customers’ investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker John Lemak in Firm Axiom Capital Management, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Lemak (Lemak), currently associated with Axiom Capital Management, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lemak 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 $475,000.00 on July 29, 2024.

Breach of fiduciary duty, violations of securities laws and FINRA rules, professional negligence.

There are Recent Customer Complaints with Broker Cecil Creasy in Firm Capital Investment Group, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cecil Creasy (Creasy), currently associated with Capital Investment Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Creasy 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 $10,618.27 on July 29, 2024.

The client contended that he terminated the investment advisory relationship with the Representative in December, 2023, The Representative continued to manage the account until the client contacted the firm on July 29, 2024. The Representative denied receiving any instruction from the client to cease the advisory relationship. The firm refunded the investment advisory fees assessed on the account since December, 2023.

Broker Kenneth Luccioni in Triad Advisors, INC. Firm Has Customer Complaint

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Luccioni (Luccioni), previously associated with Triad Advisors, INC., has at least one disclosable event. These events include one customer complaint, alleging that Luccioni 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 July 29, 2024.

Violations of FINRA, SEC, state and federal regulations alleged with regard to investment related activities.