Securities Lawyers Blog

There are Recent Customer Complaints with Broker Ian Greenblatt in Firm Capitol Securities Management, Inc.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ian Greenblatt (Greenblatt), currently associated with Capitol Securities Management, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Greenblatt 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 January 03, 2025.

The client alleges that the advisor has been making excessive and high-risk trades in his account.

There are Recent Customer Complaints with Broker John Shortal in Firm Moloney Securities Co., Inc.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Shortal (Shortal), currently associated with Moloney Securities Co., Inc., has at least 4 disclosable events. These events include 4 customer complaints, alleging that Shortal 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 $664,400.00 on January 03, 2025.

Suitability/negligence. 2018-2022

Broker Michael Siek in Dominari Securities LLC Firm Has Customer Complaint

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Siek (Siek), currently associated with Dominari Securities LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Siek recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on January 06, 2025.

Time frame: Unspecified. Claimants allege unsuitable investments.

There are Recent Customer Complaints with Broker Gilbert Kuta in Firm Aegis Capital Corp.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gilbert Kuta (Kuta), currently associated with Aegis Capital Corp., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Kuta 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 January 06, 2025.

Client alleges excessive, unsuitable trading, and poor performance of equity securities in her account.

There are Recent Customer Complaints with Broker Michael Heck in Firm Equitable Advisors, LLC

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Heck (Heck), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Heck 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 January 03, 2025.

Client alleges RR made an unsuitable recommendation, failed to disclose fees, and made misrepresentations in connection with a variable annuity purchased in 2020.

There are Recent Customer Complaints with Broker John Schlagheck in Firm Cape Securities Inc.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Schlagheck (Schlagheck), previously associated with Cape Securities Inc., has at least 7 disclosable events. These events include 6 customer complaints, one regulatory, alleging that Schlagheck recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 06, 2025.

Respondent Schlagheck failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker William Revoir in Firm Corecap Investments, Inc.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Revoir (Revoir), previously associated with Corecap Investments, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Revoir 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 $220,000.00 on January 06, 2025.

The claimant alleges funds were withdrawn by the former Conservator of the account without a required court approval. The claimant states the custodian of fu\, permitted the former Conservator to make unauthorized withdrawals. The claimant acknowledges the custodian of funds was noti ed of the court restrictions. \, claimant alleges joint liability against Revoir. The claimant seeks compensation for the allegedly wrongfully withdrawn funds, including lost gains or interest, as w\, attorney fees and recovery of costs. This disclosure is not an admission or nding of any wrongdoing by or guilt of Revoir.

Broker Francis Schiavetti in A.G.P. / Alliance Global Partners Firm Has Customer Complaint

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francis Schiavetti (Schiavetti), currently associated with A.G.P. / Alliance Global Partners, has at least one disclosable event. These events include one customer complaint, alleging that Schiavetti 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 January 06, 2025.

Accounts were maintained 2018-2023. Client alleges breach of fiduciary duty, negligence, fraud and violations of various securities laws and rules.

There are Recent Customer Complaints with Broker Christopher Christensen in Firm Airlink Markets, LLC

February 16, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Christopher Christensen (Christensen) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Christensen was employed by Airlink Markets, LLC at the time of the activity. If you have been a victim of Christensen’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint on January 13, 2025.

Christensen was named a respondent in a FINRA complaint alleging that he failed to provide documents and information requested by FINRA on two occasions as part of its examination of his OBAs and private securities transactions. The complaint alleges that FINRA opened a cause examination after the parent company of Christensen’s member firm declared bankruptcy. Christensen was the founder and chief executive officer of the company. The company, through various subsidiaries, raised millions of dollars from thousands of investors purportedly to invest in real estate projects. Christensen’s role with the company was disclosed on his Form U4. The complaint also alleges that Christensen failed to appear for testimony requested by FINRA on two occasions as part of its examination. After receiving the first requests for documents and information and to appear for testimony, Christensen’s counsel submitted a letter to FINRA requesting an indefinite stay of its examination pending the conclusion of other proceedings related to Christensen’s conduct. FINRA denied Christensen’s counsel’s request for a stay. Christensen’s failure to provide documents and information and to provide testimony significantly impeded FINRA’s examination and deprived it of material information regarding his alleged OBAs and private securities transactions.

Broker Cecilia Dicristofalo in LPL Enterprise, LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cecilia Dicristofalo (Dicristofalo), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Dicristofalo 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 $5,061.56 on January 06, 2025.

Customer purchased a Flexguard variable annuity in May 2022. In October 2024, the customer expected to lock in a certain value but received a different locked in value.