Securities Lawyers Blog

Broker Kieran Loughran in Spartan Capital Securities, LLC Firm Has Customer Complaint

April 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 28, 2024.

Without admitting or denying the findings, Loughran consented to the sanctions and to the entry of findings that he excessively and unsuitably traded the account of one customer, a senior who was a farmer and business owner. The findings stated that Loughran recommended high frequency in-and-out trading to the customer, even when the price of his recommended securities did not materially change. The customer relied on Loughran’s advice and routinely followed his recommendations, and as a result, Loughran exercised de facto control over the account. Loughran’s trading in the customer’s account was excessive and unsuitable given the customer’s investment profile and his in-and-out trading in the customer’s account generated total trading costs of $49,633.24, including $43,495.37 in commissions, and caused $179,878 in total realized losses.

There are Recent Customer Complaints with Broker Francis Cockrell in Firm Osaic Wealth, Inc.

April 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francis Cockrell (Cockrell), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Cockrell 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 August 30, 2024.

Claimant alleges their representative recommended an unsuitable oil and gas program

There are Recent Customer Complaints with Broker Neil Okun in Firm Trident Partners Ltd.

April 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 28, 2024.

Claimants alleges, inter alia, that the trading strategy implemented in the clients’ account was not in their best interest 2019-2024

There are Recent Customer Complaints with Broker Donald Taylor in Firm Park Avenue Securities LLC

April 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 29, 2024.

Client alleges the RR made certain representations about the death benefit rider on a variable annuity purchased by the client, that turned out to be incorrect.

Broker Brett Straub in Osaic Wealth, Inc. Firm Has Customer Complaint

April 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brett Straub (Straub), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Straub 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 August 29, 2024.

Per Principal Securities, Inc Filing, the claimant alleges unsuitable investment recommendations and misrepresentations relating to the recommendation of a suspense investment account.

There are Recent Customer Complaints with Broker Robert Rebussini in Firm LPL Financial LLC

April 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Rebussini (Rebussini), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Rebussini 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 $25,000.00 on August 30, 2024.

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

Broker Steven Crawford in Kestra Investment Services, LLC Firm Has Customer Complaint

April 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Crawford (Crawford), previously associated with Kestra Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Crawford 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 August 29, 2024.

Client claims the VUL policy, the FP recommended, was unsuitable. Additionally, she is upset with the high fees associated with the policy. Client claims to have suffered $67k in losses after closing the policy.

There are Recent Customer Complaints with Broker Kevin O’sullivan in Firm Commonwealth Financial Network

April 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin O’sullivan (O’sullivan), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that O’sullivan 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 September 19, 2024.

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

There are Recent Customer Complaints with Broker Kirk O’brien in Firm Osaic Wealth, Inc.

April 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kirk O’brien (O’brien), currently associated with Osaic Wealth, Inc., has at least one disclosable event. These events include one customer complaint, alleging that O’brien 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 $45,000.00 on August 30, 2024.

Claimant alleges their representative recommended an unsuitable Oil and Gas program.

There are Recent Customer Complaints with Broker Anthony D’angelo in Firm Fmsbonds, Inc.

April 1, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Anthony D’angelo (D’angelo), currently employed by Fmsbonds, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), D’angelo’s most recent customer complaint alleges that D’angelo recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $25,000.00 on September 24, 2024.

In the wake of the pandemic, customer alleges that he wanted to sell his bond position during their technical default/bankruptcy when there was still a market for them mid 2022. Now 2024 there is no market, and the bonds have not been restructured. Alleges broker did not follow instructions, provided poor information and customer service.