Securities Lawyers Blog

There are Recent Customer Complaints with Broker Travis Jennings in Firm Dempsey Lord Smith, LLC

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Travis Jennings (Jennings), previously associated with Dempsey Lord Smith, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jennings 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 $500,000.00 on September 29, 2022.

The claimant alleges (i) that Encompass Financial Group, Inc. d/b/a Finance CAPE and Travis S. Jennings solicited and recommended that claimant invest $500,000 in L-Bonds offered by GWG Holdings in October 2020; (ii) that the recommendations were contrary to the claimant’s investment objectives, risk tolerance, and best interest; (iii) that the recommendations were also contrary to the instructions given by claimant; (iv) that Finance CAPE and Jennings breached their fiduciary duty; and (v) that the investments resulted in damages. Finance CAPE and Jennings deny all claims.

There are Recent Customer Complaints with Broker Robert Gustafson in Firm Moloney Securities Co., INC.

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Gustafson (Gustafson), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Gustafson 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 $110,000.00 on September 27, 2022.

Suitability/negligence. 2020

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

August 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on September 22, 2022.

Customer alleges unsuitable investment recommendations from December 2020 through April 2022.

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

August 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 02, 2022.

The customer alleges unsuitable investment recommendations and misrepresentations from December 2020 through October 2022.

There are Recent Customer Complaints with Broker Rodger Sprouse in Firm Creativeone Securities, LLC

August 20, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Rodger Sprouse (Sprouse), previously employed by Creativeone Securities, LLC has been subject to at least one disclosable event. These events include one regulatory event. According to records kept by The Financial Industry Regulatory Authority (FINRA), Sprouse’s most recent customer complaint alleges that Sprouse recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a final customer complaint on September 30, 2022.

Without admitting or denying the findings, Sprouse consented to pay civil penalties and agrees to the entry of findings from the KSC Order. The findings indicate that from April 2017 until March 2018, Sprouse sold Purchase Agreements (PA), also known as structured cash flows, as an agent on behalf of Future Income Payments, LLC (FIP). At the time of sale, these PAs were not registered as securities under the KUSA as required.

There are Recent Customer Complaints with Broker Jacob Warner in Firm Charles Schwab & Co., INC.

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jacob Warner (Warner), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Warner 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 $21,327.99 on September 19, 2022.

The client expressed dissatisfaction with the recommendations she received while enrolled in Schwab Wealth Advisory from January 2020 to July 2022 and requested reimbursement of fees in the amount of $21,327.99.

Broker Reagan Dekeyzer in J.P. Morgan Securities LLC Firm Has Customer Complaint

August 20, 2025 | by Staff Attorney

Currently financial advisor Reagan Dekeyzer (Dekeyzer), currently employed by brokerage firm J.P. Morgan Securities LLC has been subject to at least one disclosable event. These events include one customer complaint. 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 $26,115.00 on October 03, 2022.

Time Frame: February 4th, 2022 to May 23rd, 2022. What were the allegations against the individual? The client alleges his instructions to liquidate his hedge fund was not followed.

Broker Benjamin Belanger in Kestra Investment Services, LLC Firm Has Customer Complaint

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Benjamin Belanger (Belanger), currently associated with Kestra Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Belanger 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 September 15, 2022.

Claimants allege their financial adviser recommended unsuitable investments. Claimants generally allege suitability and misrepresentation.

There are Recent Customer Complaints with Broker Shawn Holbrook in Firm Pnc Investments

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shawn Holbrook (Holbrook), currently associated with Pnc Investments, has at least one disclosable event. These events include one customer complaint, alleging that Holbrook 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 $27,232.38 on September 19, 2022.

Client alleged recommendations was not consistent with her investment objectives.

There are Recent Customer Complaints with Broker Steven Bell in Firm A.g.p. / Alliance Global Partners

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Bell (Bell), currently associated with A.g.p. / Alliance Global Partners, has at least one disclosable event. These events include one customer complaint, alleging that Bell 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 $27,000.00 on September 30, 2022.

Unsuitable recommendation, negligence, misrepresentation