Securities Lawyers Blog

Broker David Moore in Cetera Advisor Networks LLC Firm Has Customer Complaint

February 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Moore (Moore), previously associated with Cetera Advisor Networks LLC, has at least one disclosable event. These events include one customer complaint, alleging that Moore 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 December 23, 2024.

CLAIMANT GENERALLY ALLEGES BREACH OF FIDUCIARY DUTY, BREACH OF CONTRACT, FAILURE TO SUPERVISE AND NEGLIGENCE.

There are Recent Customer Complaints with Broker Matthew Reimann in Firm UBS Financial Services Inc.

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Reimann (Reimann), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Reimann 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 December 27, 2024.

Time frame: 2022-2023\, Claimant, through counsel, alleges breach of fiduciary duties by negligently accepted a power of attorney and corresponding instructions from Claimant’s daughter resulting in the purportedly improper withdrawal of significant funds from Claimant’s accounts. Claimant further alleges that the characteristics of ‘clients’ portfolio changed, including considerably more transactions larger in size, indicating a change of strategy from the previous two decades, and not in the best interest of the client.

Broker Devon Gluck in Osaic Wealth, Inc. Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Devon Gluck (Gluck), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Gluck 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 $97,000.00 on December 30, 2024.

Claimant alleges their RR recommended an unsuitable Oil and Gas investment and an unsuitable REIT.

Broker Daniel Countiss in LPL Financial LLC Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Countiss (Countiss), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Countiss 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 $35,000.00 on December 31, 2024.

The client’s attorney alleges their advisor assured them that moving funds from a qualified account would result in ‘minor’ tax implications. Further, attorney alleges the advisor improperly handled the distributions which resulted in excess tax and loss of earnings.

Broker Kennedy Sherles in J.P. Morgan Securities LLC Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kennedy Sherles (Sherles), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sherles 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 $11,371.59 on December 31, 2024.

Customer alleges unauthorized trading. Activity dates 12/9/24 – 12/9/24.

Broker Jeffrey Furniss in LPL Financial LLC Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Furniss (Furniss), currently associated with LPL Financial LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Furniss 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 December 30, 2024.

Claimants allege the RR recommended an unsuitable Oil & Gas investment

There are Recent Customer Complaints with Broker David Lagrange in Firm Moloney Securities Co., Inc.

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Lagrange (Lagrange), currently associated with Moloney Securities Co., Inc., has at least 3 disclosable events. These events include 2 customer complaints, one regulatory, alleging that Lagrange 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 $72,000.00 on December 31, 2024.

Suitability/negligence. 2020

There are Recent Customer Complaints with Broker John Starke in Firm Centaurus Financial, Inc.

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Starke (Starke), previously associated with Centaurus Financial, Inc., has at least 13 disclosable events. These events include 13 customer complaints, alleging that Starke 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 $400,000.00 on December 30, 2024.

The customers allege from 2015 through December 2023, the Registered Representative recommended and misrepresented unsuitable, speculative, high-risk investments.

There are Recent Customer Complaints with Broker William Worth in Firm Equitable Advisors, LLC

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Worth (Worth), currently associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Worth 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 December 29, 2024.

Customer alleges the RR misrepresented the policy fees for VA sold in 2022.

There are Recent Customer Complaints with Broker Eric Kuchherzki in Firm Centaurus Financial, Inc.

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Kuchherzki (Kuchherzki), currently associated with Centaurus Financial, Inc., has at least 5 disclosable events. These events include 5 customer complaints, alleging that Kuchherzki 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 $150,000.00 on December 31, 2024.

The customers allege that in February 2020, and in April 2021, the Registered Representative recommended and misrepresented an unsuitable, high-risk, illiquid investment.