Securities Lawyers Blog

There are Recent Customer Complaints with Broker Kenneth Biebel in Firm A.g.p. / Alliance Global Partners

January 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Biebel (Biebel), currently associated with A.g.p. / Alliance Global Partners, has at least one disclosable event. These events include one customer complaint, alleging that Biebel 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 $17,100.19 on August 17, 2021.

Unsuitability

Broker John Gibson in Hightower Securities, LLC Firm Has Customer Complaint

January 27, 2026 | by Staff Attorney

Previously financial advisor John Gibson (Gibson), previously employed by brokerage firm Hightower Securities, 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 $100,001.00 on August 18, 2021.

John Gibson is the subject of a FINRA arbitration alleging certain sales practice violations, including a violation of suitability obligations, in connection with a private placement investment made on or around February 2019, currently required to be disclosed pursuant to FINRA guidance. FINRA arbitration for this matter is still pending, and the FINRA arbitration tribunals have not yet finalized its evaluation of the client’s statement of claim. In keeping with FINRA’s disclosure requirements, this arbitration is required to be disclosed before Mr. Gibson can defend his actions.

There are Recent Customer Complaints with Broker Anthony Ghiglieri in Firm LPL Financial LLC

January 27, 2026 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Anthony Ghiglieri (Ghiglieri), currently employed by LPL Financial LLC 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), Ghiglieri’s most recent customer complaint alleges that Ghiglieri 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 $12,450.94 on August 18, 2021.

Customer alleges the investment in the structured product was unsuitable based on their investment profile. In addition, the customer alleges the RR misrepresented the product by not disclosing the risks.

Broker Michael Karp in David Lerner Associates, INC. Firm Has Customer Complaint

January 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Karp (Karp), previously associated with David Lerner Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Karp 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 $35,112.00 on August 17, 2021.

Failure to follow instructions

Broker Sean Burr in J.w. Cole Financial, INC. Firm Has Customer Complaint

January 27, 2026 | by Staff Attorney

Currently financial advisor Sean Burr (Burr), 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 $90,000.00 on August 23, 2021.

Clients alleged REITs purchased were unsuitable

There are Recent Customer Complaints with Broker Jerome Dewane in Firm Edward Jones

January 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 19, 2021.

Client alleges the financial advisor did not invest $100,000.00 into moderate risk mutual funds as agreed to in March 2020. The client also alleges that an automatic withdrawal of $10,000.00 a month from her savings account was not completed.

There are Recent Customer Complaints with Broker Marty Dennis in Firm LPL Financial LLC

January 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marty Dennis (Dennis), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Dennis 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 August 16, 2021.

Customer alleges that his representative recommended investments in the Northstar Healthcare Income Fund and FS Energy & Power Fund in the 2014-2016 time period that were unsuitable for the customer’s investment profile and risk tolerance. The customer further asserts that he was misled about the risks and other pertinent details about the nature of the investments.

There are Recent Customer Complaints with Broker William Wright in Firm National Securities Corporation

January 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Wright (Wright), previously associated with National Securities Corporation, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Wright recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 19, 2021.

Without admitting or denying the findings, Wright consented to the sanction and to the entry of findings that he refused to provide information and documents requested by FINRA in connection with its investigation into the facts surrounding his termination from his member firm. The findings stated that this matter originated from the Uniform Termination Notice for Securities Industry Registration (Form U5) filed by Wright’s firm reporting that he was terminated as a result of him borrowing money from a customer of the firm.

Broker Robert Courser in Kalos Capital, INC. Firm Has Customer Complaint

January 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 18, 2021.

Unsuitable recommendations

There are Recent Customer Complaints with Broker Svetlana Arzhelik in Firm Citigroup Global Markets INC.

January 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Svetlana Arzhelik (Arzhelik), previously associated with Citigroup Global Markets INC., has at least one disclosable event. These events include one customer complaint, alleging that Arzhelik 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 August 16, 2021.

Plaintiff alleges negligence breach of fiduciary duty unauthorized trading, elder abuse and failure to supervise beginning in 2017