Securities Lawyers Blog

There are Recent Customer Complaints with Broker Timothy Molnar in Firm Northwestern Mutual Investment Services, LLC

May 11, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Molnar (Molnar), currently associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Molnar 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 April 15, 2020.

Customer alleged the representative’s advice and actions caused a variable annuity that the customer owned through Minnesota Life Insurance Company/Securian Financial to lose value, and that representative did not adequately fulfill his responsibilities to her and provided her with incorrect information about the effect of taking withdrawals (which occurred in late 2012, early 2013) from the variable annuity.

There are Recent Customer Complaints with Broker Paul Akre in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

May 11, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 16, 2020.

Claimants allege FA sold them private securities that were unsuitable investments

There are Recent Customer Complaints with Broker Maurice Stuffmann in Firm Oppenheimer & CO. INC.

May 11, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 20, 2020.

Client alleges investments were not fully explained and were unsuitable between November 2012 and March 2020

There are Recent Customer Complaints with Broker Cody Greene in Firm Nylife Securities LLC

May 10, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 24, 2020.

Customers allege the Variable Annuity policy they each purchased in February 2020 were initially understood to allow for a larger monthly contribution that would meet the $5,000 minimum annual contribution while providing for a lower annual fee and a 7 year surrender charge period. They were later informed that the specific Variable Annuity they purchased does not allow for monthly contributions and that the surrender charge period would reset with each additional contribution therefore the customers are looking to reverse the purchase of these policies.

Broker Benjamin Blake in Edward Jones Firm Has Customer Complaint

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Benjamin Blake (Blake), currently associated with Edward Jones, 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 settled customer complaint with a damage request of $3,356.59 on April 21, 2020.

The client alleges the financial advisor placed unauthorized trades.

There are Recent Customer Complaints with Broker Jared Stines in Firm Cetera Investment Services LLC

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jared Stines (Stines), previously associated with Cetera Investment Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stines 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 $53,204.00 on April 24, 2020.

On March 10th, 2020 [REDACTED] decided to engage us to assist in managing her retirement funds. After completing the advisory agreement and IRA account paperwork, [REDACTED] wanted to look at her 401k online. She logged in to check values and then [REDACTED] asked if the funds could be moved into a safe or cash account within the 401k. I showed them the stable value option within their 401k. They agreed that they would like to transfer to the stable value fund. I selected the balance transfer option and then selected 100% of the account to the stable value fund. Two days later we found out that only one fund holding had been transferred to stable value. The account had been invested very aggressively by [REDACTED] and had decreased in value since our last meeting. After finding this out, I encouraged them to stay invested and to avoid moving to cash on a volatile day. They did not listen to my advice and they decided to go ahead and liquidate as they were afraid of the market volatility and asked for $53,204 to be refunded to their account to cover their market loss.

Broker Marc Ridell in Morgan Stanley Firm Has Customer Complaint

May 10, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on April 23, 2020.

Time frame: Early 2017-Present \<char_lb_r>\, \<char_lb_r>\, Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Gregory Osterland in Firm Hornor, Townsend & Kent, LLC

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Osterland (Osterland), currently associated with Hornor, Townsend & Kent, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Osterland 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 $57,672.00 on April 21, 2020.

Client alleges that the purchase of two variable annuities and a life insurance policy were not suitable and in her best interest. The client is requesting a waiver of the surrender charges for both annuities and the return of the total premium paid on the fixed life insurance policy.

There are Recent Customer Complaints with Broker Anthony Vultaggio Jr. in Firm American Capital Partners, LLC

May 10, 2026 | by Staff Attorney

Previously financial advisor Anthony Vultaggio Jr. (Vultaggio Jr.), previously employed by brokerage firm American Capital Partners, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,800,000.00 on April 20, 2020.

Claimant invested in a private placement that was neither related nor connected to the Firm.

There are Recent Customer Complaints with Broker Jed Conradi in Firm Edward Jones

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jed Conradi (Conradi), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Conradi 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 $70,000.00 on April 20, 2020.

The client alleges the financial advisor misrepresented that he could get out of investments and be made whole.