Securities Lawyers Blog

Broker Steven Busto in PHX Financial, INC. Firm Has Customer Complaint

November 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $83,045.00 on September 09, 2022.

During the timeframe of 06/ 26/2021 thru 07/23/202.

There are Recent Customer Complaints with Broker Henry Liu in Firm Aegis Capital Corp.

November 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Henry Liu (Liu), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Liu 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 September 08, 2022.

Claimant alleges unsuitable investment recommendation and breach of fiduciary duty

Broker Frank Barravechia in IBN Financial Services, INC. Firm Has Customer Complaint

November 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Frank Barravechia (Barravechia), currently associated with IBN Financial Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Barravechia 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 $348,000.00 on September 12, 2022.

Client claims unsuitable investments and misrepresentation with the purchase of GWG Holdings L Bonds. Alleged activity occurred between 2017 and 2019

Broker Allen Carter Jr. in UBS Financial Services INC. Firm Has Customer Complaint

November 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Allen Carter Jr. (Carter Jr.), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Carter Jr. 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 $7,000.00 on September 06, 2022.

Time Frame August 11, 2022 to August 15, 2022\, \, The client alleges he did not give authorization to execute trades.

There are Recent Customer Complaints with Broker Phillip Biffle in Firm Edward Jones

November 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on September 06, 2022.

Plaintiff, as personal representative of client’s estate, asserts claims based on allegations the registered representative failed to follow instructions regarding a beneficiary designation and gave inaccurate information regarding the status of the designation.

Broker Bernard Adair in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

November 6, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Bernard Adair (Adair) 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 Adair was employed by Merrill Lynch, Pierce, Fenner & Smith Incorporated at the time of the activity. If you have been a victim of Adair’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint on September 06, 2022.

The court-appointed guardian of the customer alleges misappropriation of funds from 2017 through 2019, misrepresentations, unsuitable investment strategy and facilitated transactions which were not in the best interest of the customer.

There are Recent Customer Complaints with Broker Craig Carson in Firm Intervest International Equities Corporation

November 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Craig Carson (Carson), previously associated with Intervest International Equities Corporation, has at least 5 disclosable events. These events include 5 customer complaints, alleging that Carson 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 $922,349.00 on September 06, 2022.

Claimant alleges violations of state and federal securities acts, breach of fiduciary duties and negligence, constructive fraud, breach of contract and failure to supervise.

There are Recent Customer Complaints with Broker Justin Deutschmann in Firm Moloney Securities Co., INC.

November 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Justin Deutschmann (Deutschmann), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Deutschmann 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 October 04, 2022.

Suitability/negligence

There are Recent Customer Complaints with Broker Joseph Pietrafitta in Firm Td Private Client Wealth LLC

November 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Pietrafitta (Pietrafitta), currently associated with Td Private Client Wealth LLC, has at least one disclosable event. These events include one customer complaint, alleging that Pietrafitta 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 $600,000.00 on September 14, 2022.

Customer complained about performance of the investment portfolio and alleged various\, claims against TDPCW. Representative was not a named party. TDPCW denied all\, allegations and settled the matter without admitting any liability or wrong doing.

Broker Justin Singletary in American Trust Investment Services, INC. Firm Has Customer Complaint

November 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on September 13, 2022.

The arbitration alleges that GWG L Bonds were misrepresented to the client and not suitable for the clients investment objectives.