Securities Lawyers Blog

Broker Lorraine Geiss in MML Investors Services, LLC Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lorraine Geiss (Geiss), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Geiss 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 $400,000.00 on May 07, 2024.

The complainant alleges that the registered representative, misrepresented a whole life policy, which was unsuitable for her investment time horizon in 2017, and made an unauthorized EIA Fixed Annuity purchase, on/or about September 13, 2018, by falsifying and signing the application, and never having the complainant sign an annuity disclosure form.

Broker Stuart Spivak in Centaurus Financial, INC. Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stuart Spivak (Spivak), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Spivak 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 $150,000.00 on May 14, 2024.

Without specifically mentioning, calling out or identifying the Registered Representative, the customer alleges that he recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Daniel Silverberg in Firm UBS Financial Services INC.

May 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 14, 2024.

Time Frame: October 01, 2021 to May 14, 2024\, \, What were the allegations against the individual? \, The client alleges the Financial Advisor assured that, through his management of the remaining funds in the account, he would generate more than sufficient funds to cover specific loan payments. The client further alleges the interest payable on the principal balance of the loan far exceeded the money being generated by investments selected by the Financial Advisor.

Broker Russell Jones in Sagepoint Financial, INC. Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Russell Jones (Jones), previously associated with Sagepoint Financial, 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 settled customer complaint with a damage request of $25,000.00 on May 13, 2024.

It is alleged that unsuitable investments were recommended and that disclosures of risks were not adequate

There are Recent Customer Complaints with Broker Gary Leavitt in Firm American Trust Investment Services, INC.

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Leavitt (Leavitt), previously associated with American Trust Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Leavitt 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 $5,000,000.00 on May 07, 2024.

Common Law Fraud, Breach of Fiduciary Duty, Failure to Supervise, Negligence

There are Recent Customer Complaints with Broker Connor Day in Firm Ameriprise Financial Services, LLC

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Connor Day (Day), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Day 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 $20,345.35 on May 17, 2024.

The client alleged 3 stocks were traded in January 2024 that deviated from the agreed upon plan that was made between the advisor and client.

There are Recent Customer Complaints with Broker Mark Bloom in Firm Avantax Investment Services, INC.

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Bloom (Bloom), currently associated with Avantax Investment Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bloom 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 $160,000.00 on May 20, 2024.

Customer alleged the investments they purchased were not suitable.

There are Recent Customer Complaints with Broker Syed Ahmed in Firm Raymond James (usa) Ltd.

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Syed Ahmed (Ahmed), currently associated with Raymond James (usa) Ltd., has at least one disclosable event. These events include one customer complaint, alleging that Ahmed 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 $35,103.28 on May 16, 2024.

Client alleged that financial advisor improperly advised surrender of variable annuity, on or about December, 2022 through March, 2023, in order to transfer asset proceeds into investment advisory account.

Broker Meredith Lyon in United Planners’ Financial Services of America A Limited Partner Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Meredith Lyon (Lyon), currently associated with United Planners’ Financial Services of America A Limited Partner, has at least one disclosable event. These events include one customer complaint, alleging that Lyon 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 $99,999.00 on May 17, 2024.

Breach of fiduciary Duty, violation of NASD and NYSE Rules, Breach of Contract and Negligence,

Broker Stanley Wilhelm in Sequence Financial Specialists LLC Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 17, 2024.

Respondent Sequence and its agents, including the Individual Respondents, represented themselves to the Claimants as an expert in investing as well as tax and retirement planning. Respondent touted the benefits of conservation easement investments as a reliable tax saving strategy. Claimants were assured that the conservation easement investments offered the best of both worlds.