Securities Lawyers Blog

There are Recent Customer Complaints with Broker Nicola Caporaso in Firm MML Investors Services, LLC

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicola Caporaso (Caporaso), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Caporaso 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 $50,000.00 on July 27, 2021.

The complainant alleges that in or around 2014, the rep made unsuitable recommendations and recommended investments that were not consistent with the complainant’s risk tolerance. She further alleges that the rep forged her signature and falsified her insurance application.

Broker David Kennon in First Allied Securities, INC. Firm Has Customer Complaint

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Kennon (Kennon), previously associated with First Allied Securities, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Kennon 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 $100,000.01 on July 22, 2021.

Claimant alleges their registered representative recommended unsuitable investments. Claimant generally alleges unsuitability, due diligence, breach of contract, negligence, and fraud.

There are Recent Customer Complaints with Broker Sylvia Gort in Firm Morgan Stanley

January 30, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 29, 2021.

CLIENT VERBALLY ALLEGED IN APRIL 2021 THAT SHE DID NOT AUTHORIZE THE SALE OF 2000 SHARES OF SMED WHICH HAD BEEN SOLD IN HER ACCOUNT BACK IN DECEMBER 2018. THE CLAIM WAS SETTLED FOR $30,283.59.

There are Recent Customer Complaints with Broker Aaron Sevigny in Firm United Planners’ Financial Services of America A Limited Partner

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Aaron Sevigny (Sevigny), currently associated with United Planners’ Financial Services of America A Limited Partner, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Sevigny recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on July 23, 2021.

Unsuitability, common law fraud, breach of contract, breach of fiduciary duty, negligence, aiding and abetting fraud and violation of Florida Securities Act.

There are Recent Customer Complaints with Broker Jamie Chambers in Firm Ameriprise Financial Services, LLC

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jamie Chambers (Chambers), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chambers 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 $15,000.00 on July 23, 2021.

Claimant alleges that, in 2012, she was recommended and invested $25,000 in an unsuitable REIT, Cary Watermark Investors, Inc. n/k/a Watermark Lodging Trust.

Broker John Kang in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

January 30, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 26, 2021.

The customer alleges that she was the victim of an international wire fraud scheme and that the Financial Advisor advised her on methods to circumvent Firm processes in order for the wires to be approved from April 2018 until October of 2018.

Broker Cedric Powell in Ameriprise Financial Services, LLC Firm Has Customer Complaint

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cedric Powell (Powell), previously associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Powell 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 $5,000.00 on July 28, 2021.

Customers are alleging representative misappropriated funds from their mutual fund account to pay premiums on policies the customers were not aware existed.

There are Recent Customer Complaints with Broker James Gustafson in Firm Fordham Financial Management, INC.

January 30, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $50,000.00 on July 23, 2021.

In early summer of 2015 claimant alleges excessive trading, unauthorized traind and breach of fiduciary duties took place in his account by his registered representative at the time.

There are Recent Customer Complaints with Broker Curt Giacobbe in Firm MML Investors Services, LLC

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Curt Giacobbe (Giacobbe), previously associated with MML Investors Services, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Giacobbe 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 $50,000.00 on July 27, 2021.

The complainant alleges that in or around 2014, the rep made unsuitable recommendations and recommended investments that were not consistent with the complainant’s risk tolerance.

Broker James Day in Hightower Securities, LLC Firm Has Customer Complaint

January 30, 2026 | by Staff Attorney

Currently financial advisor James Day (Day), currently employed by brokerage firm Hightower Securities, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $100,001.00 on July 23, 2021.

James Day was involved with a FINRA arbitration claim brought by his former customer alleging certain sales practices and securities law violations, including customer suitability claims, negligence claims, breach of contract and fiduciary duty, and supervisory and due diligence deficiencies relating to the customer’s investments in private placement products in October 2015 and January 2017, totaling $100,001.