Securities Lawyers Blog

There are Recent Customer Complaints with Broker George Woerdeman in Firm Ameriprise Financial Services, LLC

April 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker George Woerdeman (Woerdeman), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Woerdeman 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 $150,000.00 on August 08, 2024.

The Attorney-In-Fact (AIF) for the client alleged that the advisor was negligent when making a requested premium payment to a RiverSource Variable Annuity (VUL) policy, resulting in the policy lapsing and the subsequent request being denied.

Broker David Stecz in Vanguard Marketing Corporation Firm Has Customer Complaint

April 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 14, 2024.

Clients allege david stecz did not inform them that signing up for personal advisor would initiate transactions, resulting in unintended trades and capital gains.

Broker Robert Wise in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

April 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 12, 2024.

In or about August 2021, Claimants allege that the financial advisor made unsuitable investments.

There are Recent Customer Complaints with Broker Joseph Todaro in Firm Network 1 Financial Securities Inc.

April 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Todaro (Todaro), previously associated with Network 1 Financial Securities Inc., has at least 2 disclosable events. These events include 2 regulatory events, alleging that Todaro recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 12, 2024.

Respondent Todaro failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker Brian Tirri in Firm Bcg Securities, Inc.

April 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Tirri (Tirri), previously associated with Bcg Securities, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Tirri 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 $125,000.00 on August 09, 2024.

Customer alleges unsuitable sale of alternative investment.

There are Recent Customer Complaints with Broker Frederick Kort in Firm UBS Financial Services Inc.

April 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Frederick Kort (Kort), previously associated with UBS Financial Services Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Kort 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 $1,000,000.00 on August 12, 2024.

Time frame: 2017-2024 Allegations: Claimant alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Elisha Weiss in Firm Equitable Advisors, LLC

April 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Elisha Weiss (Weiss), currently associated with Equitable Advisors, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Weiss recommended

investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on August 14, 2024.

Broker Salvatore Bonetti in Purshe Kaplan Sterling Investments Firm Has Customer Complaint

April 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Salvatore Bonetti (Bonetti), currently associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Bonetti 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 $130,000.00 on August 12, 2024.

The complainant alleges that beginning in 2020, the producer recommended that he invest in aggressive stocks despite the complainant being a conservative investor. The complainant alleges to have been financially harmed as a result of this advice.

There are Recent Customer Complaints with Broker Jeffrey Dixson in Firm Madison Avenue Securities, LLC

April 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Dixson (Dixson), previously associated with Madison Avenue Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Dixson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on August 14, 2024.

Claimants allege unsuitable recommendations of alternative investments.

There are Recent Customer Complaints with Broker Matthew Childs in Firm Portsmouth Financial Services

April 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 13, 2024.

Without admitting or denying the findings, Childs consented to the sanctions and to the entry of findings that he recommended that retail customers purchase non-traditional exchange-traded products (NT-ETPs) without having a sufficient understanding of the risks and features associated with the products, thereby failing to have a reasonable basis to make those recommendations. The findings stated that at Childs’ recommendation, nine retail customers in 10 accounts purchased daily reset NT-ETP positions and held them for periods ranging from eight to 1,034 days. These customers incurred $31,667.02 in total net realized losses.