Securities Lawyers Blog

Broker Anthony Bottini in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Bottini (Bottini), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least 2 disclosable events. These events include one customer complaint, one regulatory, alleging that Bottini recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 30, 2025.

Respondent Bottini failed to respond to FINRA requests for information.

There are Recent Customer Complaints with Broker Marcel Pahmer in Firm Centaurus Financial, Inc.

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marcel Pahmer (Pahmer), previously associated with Centaurus Financial, Inc., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Pahmer 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 $471,000.00 on January 29, 2025.

The customer alleges that in 2021, the Registered Representative recommended and misrepresented unsuitable, high-risk, and illiquid investments.

Broker Ronald Thompson in Nylife Securities LLC Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 24, 2025.

The Customers alleged that they were misled when they purchased variable universal life insurance policies in October 2015 and request the surrender of the policies without charges.

There are Recent Customer Complaints with Broker Kevin Kenney in Firm LPL Financial LLC

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Kenney (Kenney), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kenney 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 $300,000.00 on January 27, 2025.

Plaintiffs assert FA improperly recommended that they invest their IRAs in a debt-financed parcel of commercial real property.

There are Recent Customer Complaints with Broker Nicholas Jembelis in Firm David Lerner Associates, Inc.

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Jembelis (Jembelis), currently associated with David Lerner Associates, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Jembelis 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 $150,000.00 on January 29, 2025.

Unsuitability, misrepresentation/omission and breach of fiduciary duty. \, Allegation period: August 4, 2014 the date of the first purchase at issue to January 29, 2025, the date the Statement of Claim was received.

There are Recent Customer Complaints with Broker Eric Wood in Firm Huntleigh Securities Corporation

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 23, 2025.

Clients emailed a complaint related to the October 2023 opening of a priority credit line (PCL) used to temporarily fund the purchase of a new home, using securities from their other accounts as collateral. Clients allege it was not explained to them that the credit line would accrue interest, and asked to have the management fees and PCL interest returned or reimbursed to them.

There are Recent Customer Complaints with Broker John Chapman in Firm Wells Fargo Clearing Services, LLC

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 27, 2025.

Client’s attorney complains that the Financial Advisor’s recommendation to sell securities to offset capital gains was unsuitable and requests that the trades be reversed. (12/31/2024-1/27/2025)

Broker Thomas Kelly in Aegis Capital Corp. Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 23, 2025.

Time Frame: 2021 – 2024. Client’s family members allege unsuitable investments

There are Recent Customer Complaints with Broker Vincent Camarda in Firm IBN Financial Services, Inc.

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vincent Camarda (Camarda), previously associated with IBN Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Camarda 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 $99,000.00 on January 27, 2025.

Negligence; breach of fiduciary duty; breach of contract; unjust enrichment; and, aiding and abetting fraud. Alleged dates of activity are May 2021 to June 2022.

Broker Amy Brandts in Cambridge Investment Research, Inc. Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Amy Brandts (Brandts), currently associated with Cambridge Investment Research, Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Brandts 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 $450,000.00 on January 30, 2025.

Client alleges loss was suffered due to actions of an outside, unknown third party, as a result of cyber security breach with the RR’s email account.