Securities Lawyers Blog

Broker Angela Bender in Osaic Wealth, Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angela Bender (Bender), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Bender 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 $150,000.00 on September 24, 2024.

The claimant alleges that the portfolio of investments recommended to him was not in keeping with his wishes.

Broker Michael Murray in Laidlaw & Company (uk) Ltd. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Murray (Murray), currently associated with Laidlaw & Company (uk) Ltd., has at least 3 disclosable events. These events include one customer complaint, 2 tax liens, alleging that Murray 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 $399,000.00 on September 23, 2024.

Client alleges breach of fiduciary duty from 2018 to 2023

Broker Craig Blake in Level Four Financial, LLC Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Craig Blake (Blake), currently associated with Level Four Financial, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Blake 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 $75,000.00 on September 25, 2024.

Plaintiff alleges damages in excess of $75,000 associated with the plaintiff’s purchase of an indexed universal life insurance policy on or around May 17, 2017. Various causes of action are alleged against Craig Blake and his father, Jim Blake, and associated entities in their capacities as financial advisor (Craig Blake), accountant (Craig Blake and Jim Blake), and trustee (Jim Blake) including, breach of fiduciary duty, breach of trust, negligence, unjust enrichment and respondent superior.

Broker Leonard Kichler in UBS Financial Services Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leonard Kichler (Kichler), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Kichler 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 $200,000.00 on September 24, 2024.

Time frame: January 2011 to 2023\, \, Allegations: Claimant’s counsel alleges UBS failed to do adequate due diligence on a fund of funds, which counsel alleges was unsuitable for any investor, and as a result all relevant risks were not disclosed to investors.

There are Recent Customer Complaints with Broker Fridtjov Markussen in Firm Osaic Wealth, Inc.

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Fridtjov Markussen (Markussen), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Markussen 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 $150,000.00 on September 24, 2024.

The claimant alleges that the recommended portfolio of investments was not in keeping with his wishes.

Broker Steven Nielsen in Centaurus Financial, Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Nielsen (Nielsen), currently associated with Centaurus Financial, Inc., has at least 5 disclosable events. These events include 5 customer complaints, alleging that Nielsen 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 $399,200.00 on September 24, 2024.

The customers allege that during the period of 2018 through 2020, the Registered Representative recommended and misrepresented unsuitable, high-risk investments and breached his fiduciary duty.

Broker John Gutowsky in Osaic Wealth, Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Gutowsky (Gutowsky), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Gutowsky 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 September 23, 2024.

Per Cetera Advisors LLC filing, claimant generally alleges fraud, negligence, breach of fiduciary duty, and breach of contract.

Broker Gregory Ritter in Emerson Equity LLC Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Ritter (Ritter), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ritter 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 $135,000.00 on September 26, 2024.

Breach of fiduciary duty, Negligence, violation of regulation Best Interest, violation of securities rules and regulations.

Broker William Avery in UBS Financial Services Inc. Firm Has Customer Complaint

March 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Avery (Avery), currently associated with UBS Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Avery 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 September 25, 2024.

Time frame: September 2012 to 2023\, Allegations: Claimant’s counsel alleges UBS failed to do adequate due diligence on a fund of funds, which counsel alleges was unsuitable for any investor, and as a result all relevant risks were not disclosed to investors.

There are Recent Customer Complaints with Broker Fateh Sokkar in Firm Park Avenue Securities LLC

March 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 27, 2024.

Client alleges the purchase of two Brighthouse annuities were misrepresented to allow for annual rate locks when she was recently advised that the annuities allow for one rate lock for the entire term instead of one a year. Client requested to surrender the annuities without the imposition of the CDSC charges.