Securities Lawyers Blog

There are Recent Customer Complaints with Broker Jennifer Scroggins in Firm Osaic Wealth, INC.

April 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jennifer Scroggins (Scroggins), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Scroggins 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 March 06, 2025.

Client alleges that variable annuity was misrepresented at the time of purchase.

There are Recent Customer Complaints with Broker Mark Bodkins in Firm Morgan Stanley

April 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Bodkins (Bodkins), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Bodkins 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 $29,023.00 on March 05, 2025.

Client’s representative alleges, inter alia, that the client’s account was not managed in her best interests 2017-2025

Broker Maurice Gelfo in Equitable Advisors, LLC Firm Has Customer Complaint

April 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maurice Gelfo (Gelfo), currently associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gelfo 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 March 05, 2025.

Customer alleges the RR misrepresented sales fees and surrender penalties for VUL Policy sold in 2021.

Broker Yi Hao in Ameriprise Financial Services, LLC Firm Has Customer Complaint

April 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yi Hao (Hao), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hao 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 $20,710.93 on March 11, 2025.

Customer Alleges that the rep did not fully disclose all the facts (information) regarding fees and using misleading acts during sale. This matter is being reported consistent with FINRA rules pertaining to the reporting of certain written customer complaints. The company by this filing makes no allegations regarding the actions of the representative.

There are Recent Customer Complaints with Broker Stanley Patrick in Firm LPL Financial LLC

April 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stanley Patrick (Patrick), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Patrick 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 $35,000.00 on March 10, 2025.

Customer alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker James Welsh in Firm J.P. Morgan Securities LLC

April 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Welsh (Welsh), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Welsh 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 $8,494.00 on March 10, 2025.

Customer alleges unsuitable investment recommendation. Activity dates 1.27.25 – 1.27.25.

Broker Jason Stone in Arkadios Capital Firm Has Customer Complaint

April 12, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 07, 2025.

Trustee alleged breach of fiduciary duty, unsuitable recommendation, and misrepresentation of investment regarding an oil and gas limited partnership purchased eleven years ago.

There are Recent Customer Complaints with Broker Sean Righter in Firm Morgan Stanley

April 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Righter (Righter), previously associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Righter 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 $1,300,000.00 on March 12, 2025.

Claimant alleges, inter alia, that the investments strategy executed in the client’s account was unsuitable – Jan 2021 to Jan 2025

Broker David Jerke in LPL Financial LLC Firm Has Customer Complaint

April 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Jerke (Jerke), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jerke 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 $200,000.00 on March 12, 2025.

POA for client was approached by FA Jerke for an ‘investment opportunity’ that could be lucrative, however he was in need of $200k. POA agreed to lend the funds to FA Jerke and he processed a transfer from client’s LPL account to his personal bank account. Funds were lost to a scammer/fraudster. LPL settled with client/POA to make the client whole.

Broker Nancy Clark in Edward Jones Firm Has Customer Complaint

April 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nancy Clark (Clark), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Clark 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 $24,432.00 on March 13, 2025.

The client alleges they were not informed of the tax consequences of selling Trane stock.