Securities Lawyers Blog

There are Recent Customer Complaints with Broker Bobby Payne in Firm Osaic Wealth, INC.

December 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bobby Payne (Payne), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Payne 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 March 22, 2022.

Customer alleges that representative did not act in her best interest when recommending long term variable annuity product.

Broker Dennis Fearing in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

December 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Fearing (Fearing), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Fearing 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 $1,000,000.00 on March 23, 2022.

The clients allege between 2014 – 2018 the investments recommended to them and purchased by them were not suitable, were inconsistent with their objectives and directives, and were misrepresented by the representative. They further allege their account was over concentrated in privately traded products. Additionally they allege the firm failed to perform appropriate due diligence and failed to supervise the activities of the representative.

Broker Gary Begnaud in Janney Montgomery Scott LLC Firm Has Customer Complaint

December 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 24, 2022.

The customer alleges unauthorized trading on March 23, 2020.

Broker Randy Wilson in Ameriprise Financial Services, INC. Firm Has Customer Complaint

December 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Randy Wilson (Wilson), previously associated with Ameriprise Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Wilson 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 $250,000.00 on February 04, 2022.

Claimant alleges that in July 2021, she discovered that her former advisor: obtained a POA for her accounts; induced her to execute a new Will appointing himself him as Executor and a beneficiary of her Estate; obtained a life insurance policy and a variable annuity naming himself a beneficiary through the Estate; and obtained approximately $83k in loans from Claimant which have not been repaid. . On 8/23/22, Ameriprise Financial filed a Third-Party Statement of Claim against Wilson for contractual and common law indemnification.

There are Recent Customer Complaints with Broker Dennis Oleszkowicz in Firm UBS Financial Services INC.

December 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Oleszkowicz (Oleszkowicz), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Oleszkowicz 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 $200,000.00 on February 02, 2022.

Allegations as stated by Claimant: Time frame: 9/2020 – 1/2021\, \, Allegations: \, Claimants allege that, contrary to the instructions of the Successor Trustee, funds in the inherited accounts were placed into a regular investment account rather than into an Inherited IRA account. Claimants allege they relied upon the Firm to ensure that documentation provided would be consistent with the objective of setting up an Inherited IRA account and deferring taxation on the funds as permitted under the tax code, and due to alleged breaches of fiduciary duty, negligence, negligent misrepresentation, suitability, Reg. BI, and violations of the Michigan Uniform Securities Act (“MUSA”) MCL 451.2509, they suffered damages of approximately $200,000.

There are Recent Customer Complaints with Broker Wayne Trahms in Firm LPL Financial LLC

December 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wayne Trahms (Trahms), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Trahms 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 $25,327.00 on February 01, 2022.

On 2/1/2022 client asked that Gazprom stock be sold. The sale was not completed. On 2/22/2022 the client learned that the stock had not been sold and the price of Gazprom dropped. The representative wanted to see if the price of Gazprom came back. On 2/28/2022 the price of Gazprom dropped again. The client was very upset. Shortly after that date, Gazprom stock was removed from client’s account by federal government due to Russian invasion of Ukraine.

There are Recent Customer Complaints with Broker Esmeralda Steele in Firm Silver Oak Securities, Incorporated

December 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Esmeralda Steele (Steele), currently associated with Silver Oak Securities, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Steele 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 $15,000.00 on March 29, 2022.

Allegations related to sale of Index Universal Life insurance conducted as an Outside Business Activity in March 2017. “Mr. Steele recommended and provided investment advice to Plaintiff to invest his assets in large, unsuitable, and highly complex product as an investment strategy to generate retirement income.”

There are Recent Customer Complaints with Broker Jasen Agee in Firm Edward Jones

December 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jasen Agee (Agee), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Agee 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 $20,000.00 on March 25, 2022.

The client alleges the financial advisor’s advice to move from a Guided Solutions – Flex account to an Advisory Solutions account was negligent and resulted in a tremendous tax liability.

Broker Christopher Kane in Ceros Financial Services, INC. Firm Has Customer Complaint

December 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Kane (Kane), currently associated with Ceros Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kane 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 $950,000.00 on March 25, 2022.

Client alleges unsuitability and over concentration from 2011-2021

There are Recent Customer Complaints with Broker Frank Stuart in Firm LPL Financial LLC

December 23, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 28, 2022.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.