Securities Lawyers Blog

Broker Elizabeth Kidoor in Infinex Investments, INC. Firm Has Customer Complaint

January 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Elizabeth Kidoor (Kidoor), previously associated with Infinex Investments, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kidoor 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 $54,000.00 on July 21, 2021.

Firm and its agents failed to conduct reasonable due diligence and continuously recommend an investment strategy almost entirely comprised of an unsuitable, high-risk or speculative and illiquid alternative investment.

There are Recent Customer Complaints with Broker Eric Lerner in Firm Nationwide Planning Associates INC.

January 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Lerner (Lerner), currently associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Lerner 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 $950,000.00 on July 20, 2021.

Time Frame: December 2019 to January 2021 Client alleges investments were unsuitable as they went against the investment objective. Client further alleges breach of fiduciary duty, negligence in violation with industry standards and FINRA rules, and misrepresentation and omission of information.

There are Recent Customer Complaints with Broker Norman Mcneill in Firm Triad Advisors, INC.

January 31, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint on July 21, 2021.

McNeill was named in a customer complaint that asserted the following causes of action: violating the Alabama Securities Act, unsuitability, negligent misrepresentation and negligent suppression, breach of fiduciary duty, negligence, breach of contract, and controlling person liability.

There are Recent Customer Complaints with Broker Daniel Palmer in Firm Cetera Wealth Services, LLC

January 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Palmer (Palmer), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Palmer 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 $99,999.00 on July 21, 2021.

Claimant alleges Cetera and their registered representative made unsuitable recommendations.

There are Recent Customer Complaints with Broker Galen Foster in Firm Stifel, Nicolaus & Company, Incorporated

January 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Galen Foster (Foster), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Foster 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 $111,005.61 on July 20, 2021.

Customer alleges registered representative never mentioned that investment was a junk bond and failed to safeguard investment. 9/14/19 through 7/2/20

Broker Eric Hynden in UBS Financial Services INC. Firm Has Customer Complaint

January 31, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $1,400,000.00 on July 21, 2021.

Eric Hynden was named in a customer complaint that asserted the following causes of action: breach of duty of confidentiality; breach of fiduciary duty; and failure to supervise in violation of FINRA Rule 3110.

Broker Lawrence Davis in Crown Capital Securities, L.p. Firm Has Customer Complaint

January 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Davis (Davis), previously associated with Crown Capital Securities, L.p., has at least one disclosable event. These events include one customer complaint, alleging that Davis 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 $25,000.00 on July 22, 2021.

The customer alleges lack of suitability, overconcentration and misrepresentation in regards to an investment in an alternative product.

Broker Edward Lane in Royal Alliance Associates, INC. Firm Has Customer Complaint

January 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Lane (Lane), previously associated with Royal Alliance Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lane 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 $350,000.00 on July 20, 2021.

Claimants allege that the representative recommended investments that were unsuitable.

Why Dan Ives’s ETF Quote Matters for Investors in the AI Revolution

January 30, 2026 | by Staff Attorney

In the recent Barron’s article discussing the surge of interest in artificial intelligence related stocks and investment products, my quote was intentionally grounded in restraint. The goal was not to dispute the importance of AI or minimize its transformative potential. It was to remind investors that markets do not reward themes. They reward execution, durability, and economics over time.

My quote emphasized that AI enthusiasm has outpaced fundamentals in many corners of the market. That observation is rooted in history, not cynicism. Every major technological shift generates waves of capital that move faster than business reality. Artificial intelligence is no exception. The presence of a powerful narrative does not eliminate the basic rules of valuation, competition, or capital allocation.

What concerned me, and what I sought to highlight in the article, is how easily the AI label can obscure risk. Companies with limited revenues, unclear business models, or marginal ties to actual AI deployment are often swept up alongside firms that are genuinely building infrastructure, platforms, or applications with long term relevance. When that happens, prices reflect momentum rather than substance. That is rarely a stable foundation for long term investors.

There are Recent Customer Complaints with Broker Serge Parakhnevich in Firm PHX Financial, INC.

January 30, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Serge Parakhnevich (Parakhnevich), currently associated with PHX Financial, INC., has been subject to at least 3 disclosable events. These events include 2 customer complaints, one regulatory event. Several of those complaints against Parakhnevich concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $50,000.00 on July 23, 2021.

In early summer of 2015, claimant alleges excessive trading, unauthorized trading, and breach of fiduciary duties took place in his account by his registered representatives at the time.