Securities Lawyers Blog

Broker Mckinzie Valverdy in Puente Servicios Financieros LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 24, 2024.

Client alleges Mckinzie Valverdy failed to follow instructions in July 2023 related to the purchase of two positions.

Broker Kevin Dauphinee in Portsmouth Financial Services Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Dauphinee (Dauphinee), previously associated with Portsmouth Financial Services, has at least one disclosable event. These events include one customer complaint, alleging that Dauphinee 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 July 25, 2024.

Claim states Agent recommended an investment strategy that was not in Claimants best interest.

Broker Shaw Elashmawy in Maxim Group LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

Currently financial advisor Shaw Elashmawy (Elashmawy), currently employed by brokerage firm Maxim Group 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 pending customer complaint with a damage request of $300,000.00 on July 23, 2024.

The statement of claim brought on behalf of six separate claimants alleges unsuitable recommendations, misrepresentation and breach of fiduciary duty in connection with the purchase of a private placement. Mr Elashmawy was not the registered representative for each of the six separate claimants. The statement of claim alleges over $300,000 in compensatory damages.

There are Recent Customer Complaints with Broker Shane Johnson in Firm M Holdings Securities, INC.

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Johnson (Johnson), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Johnson 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 $98,364.14 on July 25, 2024.

A representative at the firm supervised by Shane Johnson provided incorrect illustrations to the clients at the time of sale in September 2023 resulting in distributions that were lower than intended. The error was discovered by the firm and disclosed to the client and it was handled through errors and omissions insurance and the clients were made whole. The resulting release agreement named Shane Johnson as allegedly providing incorrect illustrations.

There are Recent Customer Complaints with Broker Evan Saterfiel in Firm Newedge Securities, LLC

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Evan Saterfiel (Saterfiel), currently associated with Newedge Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Saterfiel 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 $79,951.00 on July 22, 2024.

Customer Alleges Financial professional Misrepresented the implications of exchanging a life insurance policy for a variable annuity in 2021.

Broker Victoria Bogner in Aw Securities Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Victoria Bogner (Bogner), currently associated with Aw Securities, has at least one disclosable event. These events include one customer complaint, alleging that Bogner 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 $210,000.00 on July 25, 2024.

Claimants allege they were recommended unsuitable investments.

Broker Jeffrey K. Johnson in UBS Financial Services INC. Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 25, 2024.

Time Frame: July 19th 2024 – July 24th 2024\, What were the allegations against the individual? The client alleges that his instructions to sell down his equity positions in his account was not done.

Broker Brian Lesley in LPL Financial LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 22, 2024.

Customer alleges representative did not act in their best interest when representative used discretion to sell equities in the account in July 2021.

Broker Eyal Farag in Aegis Capital Corp. Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 24, 2024.

Time frame: Unspecified. Claimant alleges unsuitable investments and breach of fiduciary duty

There are Recent Customer Complaints with Broker Michael Buonanno in Firm Cetera Advisor Networks LLC

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Buonanno (Buonanno), currently associated with Cetera Advisor Networks LLC, has at least one disclosable event. These events include one customer complaint, alleging that Buonanno 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 July 24, 2024.

Claimant alleges they were recommended unsuitable investments.