Securities Lawyers Blog

Broker Jay Riggs in Emerson Equity LLC Firm Has Customer Complaint

May 28, 2026 | by Staff Attorney

Previously financial advisor Jay Riggs (Riggs), previously employed by brokerage firm Emerson Equity LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,000,000.00 on December 15, 2020.

Claimant alleges that Mr. Riggs recommended private placements and Non-Traded REITs that were not suitable.

Broker Aaron Turner in Ameriprise Financial Services, LLC Firm Has Customer Complaint

May 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Aaron Turner (Turner), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Turner 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 November 30, 2020.

Claimant alleges that she was recommended unsuitable, high-commission illiquid investments including FS Energy & Power Fund and CPA 17 Global.

There are Recent Customer Complaints with Broker William Wolf in Firm Hightower Securities, LLC

May 28, 2026 | by Staff Attorney

Currently financial advisor William Wolf (Wolf), currently employed by brokerage firm Hightower Securities, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $50,000.00 on December 02, 2020.

William Wolf is not a respondent in this arbitration. He is identified as a relevant non-party in a FINRA arbitration alleging certain sales practice violations, including a violation of suitability obligations, in connection with a private placement investment made on or around March of 2017.

Broker Robert Holland in Stifel, Nicolaus & Company, Incorporated Firm Has Customer Complaint

May 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Holland (Holland), previously associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Holland 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 November 27, 2020.

Claimant alleges negligence and breach of fiduciary duty

There are Recent Customer Complaints with Broker Peter Billingham in Firm Cetera Wealth Services, LLC

May 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Billingham (Billingham), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Billingham 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 $59,815.00 on December 09, 2020.

Client alleged the annuity into which she was going to invest did not offer tax deferment, growth and payouts as indicated by her representative.

There are Recent Customer Complaints with Broker Roy Williams in Firm Osaic Wealth, INC.

May 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roy Williams (Williams), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Williams 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 December 03, 2020.

It is alleged that several non-traded alternative products were inappropriately recommended and sold.

There are Recent Customer Complaints with Broker Timothy Avila in Firm LPL Financial LLC

May 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Avila (Avila), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Avila 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 $58,000.00 on December 24, 2020.

Client alleges that Mr. Avila placed several short term trades that were unsuitable based on client’s age, employment status, risk tolerance and investment objectives.

There are Recent Customer Complaints with Broker Bryan Fiala in Firm Principal Securities, INC.

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on December 23, 2020.

The complainants allege their representative never invested their money in the Stock Market back in March 2020, when they transferred money from an IRA into a ROTH. As a result, they missed out on a market upswing, and are now facing a tax penalty as a result.

Broker Todd Ahrenholz in Osaic Wealth, INC. Firm Has Customer Complaint

May 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Ahrenholz (Ahrenholz), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ahrenholz 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 December 23, 2020.

Claimant alleges unsuitability in investment of alternative investment which caused financial harm. The allegations include negligence, professional negligence, violations of law, unsuitable recommendations, breach of contract, breach of fiduciary duty and breach of securities industry rules and regulations.

Broker Kyle Jobin in Osaic Wealth, INC. Firm Has Customer Complaint

May 27, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Kyle Jobin (Jobin) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Jobin was employed by Osaic Wealth, INC. at the time of the activity. If you have been a victim of Jobin’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on December 23, 2020.

The Wisconsin Office of the Commissioner of Insurance (‘OCI’) denied Mr. Jobin’s application for permanent individual intermediary agent’s insurance license based on Mr. Jobin’s ‘Yes’ answer to the question ‘Are you currently a party to, or have you ever been found liable in, any lawsuit, arbitrations, or mediation proceeding involving allegations of fraud, misappropriation or conversion of funds, misrepresentation or breach of fiduciary duty?’