Securities Lawyers Blog

Broker Christopher Brothers in Maxim Group LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Brothers (Brothers), currently associated with Maxim Group LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Brothers 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 23, 2024.

The customer alleges that due to alleged misrepresentations and breaches of fiduciary duties he and his limited liability company incurred losses in excess of $1,000,000.

There are Recent Customer Complaints with Broker Samuel Starr in Firm Wells Fargo Clearing Services, LLC

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Samuel Starr (Starr), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Starr 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 complained that the financial advisor did not discuss fees, commissions and penalties when recommending the purchase of the investment. (11/10/2021)

Broker Eugene Webb in Paulson Investment Company LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eugene Webb (Webb), currently associated with Paulson Investment Company LLC, has at least one disclosable event. These events include one customer complaint, alleging that Webb 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 $5,000.00 on July 23, 2024.

Mr. Maring alleges that Mr. Webb made unsuitable recommendations. Mr. Maring further alleges that Mr. Webb made unauthorized purchases.

Broker Thomas Baer in Arkadios Capital Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Thomas Baer (Baer), currently employed by Arkadios Capital has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Baer’s most recent customer complaint alleges that Baer recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

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

Unsuitable products/recommendation:\\u00a0\\u00a0Structured\\u00a0Income Notes

There are Recent Customer Complaints with Broker Robert Hiss in Firm Ifp Securities, LLC

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Hiss (Hiss), currently associated with Ifp Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Hiss 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 $209,591.11 on July 26, 2024.

Client alleges Mr. Hiss improperly recommended that claimant invest in a high-risk, high commission illiquid alternative investment, namely GWG Holdings, Inc., L Bonds . Hiss, falsely represented, among other things, that GWG was a safe investment backed by life insurance policies.

Broker Donald Heaney in Ameriprise Financial Services, LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Heaney (Heaney), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Heaney 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 $7,000.00 on July 25, 2024.

The client alleged his advisor placed trades without his authorization in October of 2022.

Broker Francis Burke in M Holdings Securities, INC. Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francis Burke (Burke), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Burke 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 Francis Burke 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 Francis Burke as allegedly providing incorrect illustrations despite having no contact with the clients and not being listed on the policies.

There are Recent Customer Complaints with Broker Edward Ricker in Firm MML Investors Services, LLC

April 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 23, 2024.

CLIENT VERBALLY ALLEGED THAT HE DID NOT AUTHORIZE THE WITHDRAWAL OF FUNDS FROM HIS PREFERRED SAVINGS INVESTMENT AND HE WANTED TO BE CREDITED FOR MISSED INTEREST. February 2024 – June 2024.

There are Recent Customer Complaints with Broker James Christopher in Firm Allied Millennial Partners, LLC

April 20, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker James Christopher (Christopher), currently employed by Allied Millennial Partners, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Christopher’s most recent customer complaint alleges that Christopher recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a settled customer complaint on July 26, 2024.

Customer alleges his advisor recommended investments in structured notes that incurred losses. No time frame alleged.

There are Recent Customer Complaints with Broker Janete Rivera Michel in Firm PFS Investments INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Janete Rivera Michel (Rivera Michel), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Rivera Michel 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 $1,900,000.00 on August 23, 2024.

Claimant alleges that the investment recommendation made in 2015 was unsuitable because it underperformed the market and seeks well managed portfolio damages.