Securities Lawyers Blog

There are Recent Customer Complaints with Broker Alfred Block in Firm Buckman, Buckman & Reid, INC.

April 20, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Alfred Block (Block), currently associated with Buckman, Buckman & Reid, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Block concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,225,000.00 on August 24, 2024.

Churning

Broker Harry Buckman in Buckman, Buckman & Reid, INC. Firm Has Customer Complaint

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Harry Buckman (Buckman), currently associated with Buckman, Buckman & Reid, INC., has at least one disclosable event. These events include one customer complaint, alleging that Buckman 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 $2,250,000.00 on August 23, 2024.

Failure to supervise

There are Recent Customer Complaints with Broker W Jones in Firm Cambridge Investment Research, INC.

April 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 29, 2024.

Customers allege that investments made in 2014 and 2015 were unsuitable for the customers’ investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker John Lemak in Firm Axiom Capital Management, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Lemak (Lemak), currently associated with Axiom Capital Management, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lemak 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 $475,000.00 on July 29, 2024.

Breach of fiduciary duty, violations of securities laws and FINRA rules, professional negligence.

There are Recent Customer Complaints with Broker Cecil Creasy in Firm Capital Investment Group, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cecil Creasy (Creasy), currently associated with Capital Investment Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Creasy 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 $10,618.27 on July 29, 2024.

The client contended that he terminated the investment advisory relationship with the Representative in December, 2023, The Representative continued to manage the account until the client contacted the firm on July 29, 2024. The Representative denied receiving any instruction from the client to cease the advisory relationship. The firm refunded the investment advisory fees assessed on the account since December, 2023.

Broker Kenneth Luccioni in Triad Advisors, INC. Firm Has Customer Complaint

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Luccioni (Luccioni), previously associated with Triad Advisors, INC., has at least one disclosable event. These events include one customer complaint, alleging that Luccioni 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 29, 2024.

Violations of FINRA, SEC, state and federal regulations alleged with regard to investment related activities.

There are Recent Customer Complaints with Broker Ali Chehab in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

April 19, 2025 | by Staff Attorney

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

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

Customer alleges financial advisor used their sign on to trade their self-directed account from May 2024 through August 2024

Broker Chad Mehle in J.P. Morgan Securities LLC Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 27, 2024.

Claimant alleged, inter alia, that investment strategy in account being used as collateral for a securities based loan was unsuitable – October 2020 through November 2022.

Broker Yaneisy Quevedo in J.P. Morgan Securities LLC Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yaneisy Quevedo (Quevedo), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Quevedo 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 $86,655.55 on November 18, 2024.

Customer alleges unsuitable investment recommendation. Activity dates 10.18.24 – 10.24.24.

Broker Albert Chen in LPL Financial LLC Firm Has Customer Complaint

April 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Albert Chen (Chen), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chen 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 $25,000.00 on November 27, 2024.

Alleges losses in portfolio value due to lack of Mr. Chen’s taking action in line with his fiduciary duties to address the rapid and devasting depletion of the client’s funds.