Securities Lawyers Blog

There are Recent Customer Complaints with Broker James Davis in Firm Northwestern Mutual Investment Services, LLC

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Davis (Davis), previously associated with Northwestern Mutual Investment Services, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Davis 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 $25,949.00 on November 22, 2024.

Customer alleged that in or around december 2022, the representative misrepresented a variable life insurance policy as an investment and customer alleged that they did not need life insurance. Customer requested a refund of premiums paid.

There are Recent Customer Complaints with Broker Benjamin Roscoe in Firm Edward Jones

February 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 23, 2024.

Client alleges his financial advisor sold more assets than necessary to fulfill his rmd and invested the proceeds and his emergency cash into positions he did not authorize.

There are Recent Customer Complaints with Broker Unbo Chung in Firm Arete Wealth Management, LLC

February 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on November 18, 2024.

Clients allege sale of unsuitable investments.

Broker Richard Kruithoff in Nylife Securities LLC Firm Has Customer Complaint

February 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on November 25, 2024.

Plaintiffs allege that defendants collectively conspired and participated in a fraudulent scheme that attempted to minimize tax liability through a charitable planning trust strategy, which involving establishing various trusts and purchasing certain whole life insurance policies

There are Recent Customer Complaints with Broker Edward Munoz in Firm LPL Financial LLC

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Munoz (Munoz), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Munoz 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.

Customer alleges poor performance and unauthorized trading.

Broker Catherine Bearce in Nobles & Richards, Inc. Firm Has Customer Complaint

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Catherine Bearce (Bearce), currently associated with Nobles & Richards, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Bearce 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 $50,000.00 on December 04, 2024.

Claimant alleges the rr recommended unsuitable oil & gas investments

Broker Andrew Krieger in Raymond James Financial Services, Inc. Firm Has Customer Complaint

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Krieger (Krieger), previously associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Krieger 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 $90,000.00 on December 30, 2024.

Claimant alleges fa failed to invest the cash in her rollover ira. Allegation activity dates: 11/25/2014 – 02/01/2021.

There are Recent Customer Complaints with Broker Megurditch Patatian Formerly Associated with Supreme Alliance LLC

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Megurditch Patatian (Patatian), previously associated with Supreme Alliance LLC, has at least 11 disclosable events. These events include 11 customer complaints, alleging that Patatian 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 November 15, 2024.

Customer alleges that an investment recommendation was unsuitable and misleading. Investments purchased from 2013 to 2014.

Broker David Gibbs in J. Alden Associates, Inc. Firm Has Customer Complaint

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Gibbs (Gibbs), currently associated with J. Alden Associates, Inc., has at least 2 disclosable events. These events include one customer complaint, one tax lien, alleging that Gibbs 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 $93,560.00 on December 03, 2024.

The complainant alleges that in and/around late 2020, his registered representative, and the firm churned two of his variable universal life (vul) policies, which were issued on/or about april 5, 2012, and september 5, 2012, by taking out loans to fund a new vul policy. The complainant asserts a number of allegations against the firm relating to the vul policies, including a claim for damages.

There are Recent Customer Complaints with Broker Jack Thacker in Firm Realta Equities, Inc.

February 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jack Thacker (Thacker), previously associated with Realta Equities, Inc., has at least 19 disclosable events. These events include 19 customer complaints, alleging that Thacker 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 02, 2024.

Client alleges unsuitable investment recommendation.