Securities Lawyers Blog

There are Recent Customer Complaints with Broker John Cervantes in Firm Prospera Financial Services, INC.

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Cervantes (Cervantes), currently associated with Prospera Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cervantes 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 July 29, 2021.

Customer alleges breach of fiduciary duty, contract, and negligence, as well as overall negligence and misrepresentation in the liquidation transactions of her CSX and FB positions since coming to Prospera in Dec 2019 after she alleges she explicitly told the Reps not to touch these positions. She is asking for $100k plus interest and legal fees.

Broker Margaret Laquidara in Aegis Capital Corp. Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Margaret Laquidara (Laquidara), previously associated with Aegis Capital Corp., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Laquidara concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,548,002.51 on July 30, 2021.

Claimant alleges that his advisor recommended unsuitable investments in annuities in February 2019. Claimant’s causes of action are suitability; diversification; self-dealing; violation of Reg BI; churning and failure to supervise.

There are Recent Customer Complaints with Broker Daniel Levine in Firm First Financial Equity Corporation

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Levine (Levine), previously associated with First Financial Equity Corporation, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Levine recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on July 30, 2021.

Claimant alleges, FA solicited outside investment opportunities not authorized by firm – January 2015 to July 2018

There are Recent Customer Complaints with Broker Harvey Cohen in Firm Purshe Kaplan Sterling Investments

January 29, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Harvey Cohen (Cohen), previously associated with Purshe Kaplan Sterling Investments, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Cohen concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $76,500.00 on August 02, 2021.

Customer alleges unsuitable investments, churning and failure to properly supervise transactions. January 2015 through November 2019.

There are Recent Customer Complaints with Broker Scott Brown in Firm Arkadios Capital

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Brown (Brown), currently associated with Arkadios Capital, has at least one disclosable event. These events include one customer complaint, alleging that Brown 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 July 30, 2021.

Customer alleges variable annuities purchased in 2014 were unsuitable and excessive fees were incurred.

Broker Neil Kaplan in Morgan Stanley Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Neil Kaplan (Kaplan), previously associated with Morgan Stanley, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Kaplan concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $240,000.00 on August 03, 2021.

Claimant alleges, inter alia, excessive trading with respect to investments – Jan 2015 – Dec 2015

Broker Alan Kasser in J.w. Cole Financial, INC. Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

Currently financial advisor Alan Kasser (Kasser), currently employed by brokerage firm J.w. Cole Financial, INC. 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 $75,000.00 on August 02, 2021.

Clients allege REITs purchased were unsuitable

Broker Henry Cormier in Ameriprise Financial Services, LLC Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 04, 2021.

The client alleged equity security sell trades in December 2020 were executed without her authorization.

Broker Thomas Octigan in Morgan Stanley Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 30, 2021.

Claimant alleged failure to supervise with respect to Financial Advisor’s management of accounts – May 2017 to July 2018.

There are Recent Customer Complaints with Broker Frank Mastrosimone in Firm LPL Enterprise, LLC

January 29, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Frank Mastrosimone (Mastrosimone) 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 Mastrosimone was employed by LPL Enterprise, LLC at the time of the activity. If you have been a victim of Mastrosimone’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $100,000.00 on August 04, 2021.

It is alleged that private investment fund was inappropriate for client.