Securities Lawyers Blog

Broker Edward Simpson in Innovation Partners LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Simpson (Simpson), currently associated with Innovation Partners LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Simpson 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 August 19, 2020.

Unsuitable Recommendations

There are Recent Customer Complaints with Broker Mark Farnan in Firm Securities America, INC.

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Farnan (Farnan), previously associated with Securities America, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Farnan 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 $65,000.00 on August 20, 2020.

Customers allege their account was overly concentrated in alternative investments.

Broker Mitchell Bornstein in Cetera Investment Services LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mitchell Bornstein (Bornstein), previously associated with Cetera Investment Services LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bornstein 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 $50,000.00 on August 21, 2020.

Customer alleges that the representative made unsuitable investment recommendations

There are Recent Customer Complaints with Broker Manuel Porrata Monserrate in Firm Nationwide Planning Associates INC.

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Manuel Porrata Monserrate (Porrata Monserrate), currently associated with Nationwide Planning Associates INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Porrata Monserrate 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 August 27, 2020.

Claimants allege their investments in Puerto Rico closed-end funds were unsuitable, over-concentrated, and misrepresented as safe investments.

Broker Frederick Baerenz in Kalos Capital, INC. Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 20, 2020.

Breach of Fiduciary duty, misrepresentations and ommissions of material facts, failure to conduct due diligence, and unsuitable recommendations.

Broker Kerri Wasserman Nir in Portfolio Advisors Alliance, LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kerri Wasserman Nir (Wasserman Nir), previously associated with Portfolio Advisors Alliance, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Wasserman Nir 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 $37,761.00 on August 26, 2020.

Wasserman-Nir was named in a customer complaint that asserted the following causes of action: unauthorized trading, fraud, misrepresentation, negligence, breach of contract and breach of fiduciary duty.

Broker Howard Allen in Portfolio Advisors Alliance, LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Howard Allen (Allen), previously associated with Portfolio Advisors Alliance, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Allen 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 $37,761.00 on August 26, 2020.

Allen was named in a customer complaint that asserted the following causes of action: unauthorized trading, fraud, misrepresentation, negligence, breach of contract and breach of fiduciary duty.

Broker Andrew Quinn in LPL Financial LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Quinn (Quinn), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Quinn 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 August 27, 2020.

Broker Christopher Sinkula in Janney Montgomery Scott LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Sinkula (Sinkula), previously associated with Janney Montgomery Scott LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Sinkula 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 August 24, 2020.

Unsuitable allocation of high yield securities from 2013 through 2020.

There are Recent Customer Complaints with Broker Mark Brody in Firm Planned Financial Programs, INC.

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Brody (Brody), currently associated with Planned Financial Programs, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Brody 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 $340,000.00 on August 20, 2020.

08/2015-12/2015\<char_lb_r>\, Failure to provide suitable investments, misrepresentation