Securities Lawyers Blog

Broker Kevin Wesner in UBS Financial Services INC. Firm Has Customer Complaint

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Wesner (Wesner), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Wesner 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 13, 2022.

Failure to follow instructions, negligence and breach of contract in a life insurance transaction dated around November 2007.

Broker G Schein in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker G Schein (Schein), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Schein 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 $900,000.00 on December 13, 2022.

Customer alleges unsuitable investments and misrepresentations.

Broker David Critelli in Equity Services, INC. Firm Has Customer Complaint

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Critelli (Critelli), currently associated with Equity Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Critelli 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 $98,500.00 on May 12, 2025.

Customer alleges representative recommended an unsuitable investment strategy

There are Recent Customer Complaints with Broker John Stitt in Firm World Equity Group, INC.

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Stitt (Stitt), currently associated with World Equity Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Stitt 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 $606,000.00 on December 14, 2022.

Claimants state that they were recommended by the Respondent (World Equity Group, Inc.) to invest their retirement funds in a prudent and suitable manner, Instead Claimants state they were recommended to invest in unsuitable and illiquid alternative investments (Non-Traded REITS) specifically in Hospitality Investment Trust (HIT) approximately between 2014 and 2018. Claimants state they were advised to hold the investments and eventually HIT’s bankruptcy came into picture. The claimants suffered a near complete loss on their investment in HIT.

There are Recent Customer Complaints with Broker Clarence Patton in Firm Alexander Capital, L.p.

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Clarence Patton (Patton), previously associated with Alexander Capital, L.p., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Patton 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 December 13, 2022.

Claimants allegations; Count I, Breach of Fiduciary duty; Count II, Violation of FINRA NYSE Rules, Regulation Best Interest, Breach of Contract, and Negligence; Count III, Failure to Supervise; Count IV, Violation of FL Securities and Investor Protection Act, section 517.

Broker Christopher Schofield in Morgan Stanley Firm Has Customer Complaint

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Schofield (Schofield), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Schofield 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 $130,000.00 on December 13, 2022.

Claimant alleges, inter alia unsuitability with respect to investments and Liquidity Access Line

There are Recent Customer Complaints with Broker Mark Augusta in Firm Hilltop Securities INC.

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Augusta (Augusta), currently associated with Hilltop Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Augusta 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 $300,000.00 on April 02, 2025.

[REDACTED] bring these claims against HTS and Mark Augusta for investing in what they thought were suitable investments that would meet the needs and goals of income and principal protection. They claim a loss of $300,000. They claim negligence, breach of fiduciary duty, failure to supervise, breach of contract, misrepresentation, negligent hiring, and violations of FINRA&#39;s conduct rules

There are Recent Customer Complaints with Broker John Moy in Firm Newbridge Securities Corporation

November 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Moy (Moy), currently associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Moy 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 $100,000.00 on December 13, 2022.

Breach of Fiduciary Duty, Negligence, Negligent Supervision, Fraud, Breach of Contract

Broker Mustapha Fawal in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

November 1, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 13, 2025.

Customer alleges misrepresentation of interest rate in June 2025.

There are Recent Customer Complaints with Broker Shane Desherlia in Firm Moloney Securities Co., INC.

November 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Desherlia (Desherlia), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Desherlia 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 $192,000.00 on July 28, 2025.

Suitability/negligence. 2017-2021