Securities Lawyers Blog

There are Recent Customer Complaints with Broker Timothy Jefferson in Firm Aegis Capital Corp.

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Jefferson (Jefferson), previously associated with Aegis Capital Corp., has at least 3 disclosable events. These events include one customer complaint, 2 regulatory events, alleging that Jefferson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on June 24, 2024.

Respondent Jefferson failed to respond to FINRA requests for information.

Broker Debra Biosca in Arkadios Capital Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Debra Biosca (Biosca), currently associated with Arkadios Capital, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Biosca 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 $100,000.00 on June 25, 2024.

Was communicating with investors of unsuitable securities

There are Recent Customer Complaints with Broker Sheree Ziemba in Firm Ameriprise Financial Services, LLC

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sheree Ziemba (Ziemba), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ziemba 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 $15,143.81 on June 21, 2024.

The client alleged that the advisor did not update the beneficiaries on the RiverSource RAVA 5 Select variable annuity per the client’s instructions.

Broker Jonathan Barter in UBS Financial Services INC. Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jonathan Barter (Barter), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Barter 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 $18,000,000.00 on June 25, 2024.

Time frame: 2020-2024\, Allegations: Claimant alleges his financial advisor made an unsuitable recommendation to invest in municipal bonds.

Broker Nicholas Tsikitas in Aegis Capital Corp. Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 25, 2024.

Claimants allege unsuitable investments.

There are Recent Customer Complaints with Broker Brian Sodol in Firm Citigroup Global Markets INC.

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Sodol (Sodol), currently associated with Citigroup Global Markets INC., has at least one disclosable event. These events include one customer complaint, alleging that Sodol 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 $1,600,000.00 on June 21, 2024.

Claimant alleges that his financial advisor, Brian Sodol, failed to timely execute the sale of $1.6 million-worth of subscription rights in a certain company’s stock before the rights expired. Customer alleges the failure amounted to breach of fiduciary duty, negligence, and negligent supervision by Citigroup Global Markets Inc. Claimant also seeks to hold Mr. Sodol personally liable for negligence. Claimant seeks $1.6 million in compensation, plus interest, costs, disgorgement of commissions and punitive damages.

There are Recent Customer Complaints with Broker Pasquale Evangelista in Firm Raymond James & Associates, INC.

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Pasquale Evangelista (Evangelista), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Evangelista 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 $277,686.00 on June 24, 2024.

Claimant alleges FA had a conflict of interest from also servicing claimant’s sibling’s account and the account of Claimant’s mother’s trust and that FA pressured her to sell securities in her account to pay down a line of credit even though her account was not the primary pledged account for the line. Claimant also alleges that following transfer of the funds to pay down the line, her account was frozen, and securities were liquidated because the account balance fell below the loan-ratio requirements. Allegation Activity Dates: 8/2018 – 8/2023.

Broker Matthew Mckenzie in Morgan Stanley Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Mckenzie (Mckenzie), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Mckenzie 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 $9,634.00 on June 24, 2024.

Client alleges, inter alia, misrepresentation with respect to commissions charged on options trading June 2024

Broker Ralph Stockemer in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ralph Stockemer (Stockemer), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stockemer 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 June 25, 2024.

Plaintiffs, co-trustees of a family trust and a representative of an account owner’s estate, allege that the account owner’s son and grandson misappropriated the account owner’s funds by exercising undue influence over the account owner and directing her to authorize transfers into and out of an investment advisory account for the benefit of the son and grandson. Plaintiffs allege that representative, who is not a member of plaintiff’s family and is unrelated to the account owner and her son and grandson, aided and abetted the son’s and grandson’s tortious conduct.

Broker Scott Aabel in Spire Securities, LLC Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Aabel (Aabel), currently associated with Spire Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Aabel 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 $30,000.00 on June 24, 2024.

Claimant alleges unsuitable investment was recommended with the purchase of GWG L Bonds in 2019 after GWG filed for bankruptcy in 2022.