Securities Lawyers Blog

Broker Andrew Groebner in LPL Enterprise, LLC Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Groebner (Groebner), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Groebner 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 $73,380.48 on February 25, 2025.

Due to a clerical error, the client's funds were invested into the incorrect fund causing a tax issue for the client.

Broker John Brow in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 15, 2024.

Customer alleges omissions about tax consequences related to the surrender of an annuity in 2024.

There are Recent Customer Complaints with Broker David Bulow in Firm Ni Advisors

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Bulow (Bulow), previously associated with Ni Advisors, has at least one disclosable event. These events include one customer complaint, alleging that Bulow 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 $165,000.00 on April 29, 2025.

Claims of fraud, suitability, breach of contract and fiduciary duty, negligence in connection with investment of corporate bond during 2019 in which issuer later declared bankruptcy.

Broker William Reedy in Raymond James Financial Services, INC. Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Reedy (Reedy), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Reedy 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 $138,000.00 on April 14, 2025.

Client alleged that advice from advisor to sell shares created an unanticipated tax implication. Allegation dates 02/08/2024 – 4/14/2025.

Broker Nathan Goad in J. Alden Associates, INC. Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nathan Goad (Goad), currently associated with J. Alden Associates, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Goad 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 $500,000.00 on April 14, 2025.

Breach of Fiduciary duty, negligence, misrepresentation based upon the recommendation by the rep Nate Goad of Key City Capital and RAD Diversified placements which occurred between October 2022 and January 2023.

There are Recent Customer Complaints with Broker Joshua Mrozowski in Firm UBS Financial Services INC.

October 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 12, 2025.

April 22nd, 2025 to May 9th, 2025\, What were the allegations against the individual? The firm settled a matter where the client states that his stocks were not purchased as discussed.

There are Recent Customer Complaints with Broker Michael Bi in Firm Tpeg Securities, LLC

October 16, 2025 | by Staff Attorney

Previously financial advisor Michael Bi (Bi), previously employed by brokerage firm Tpeg 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 pending customer complaint with a damage request of $200,000.00 on April 10, 2025.

Alleged loss in connection with a non-firm approved private placement investment recommended by representative.

There are Recent Customer Complaints with Broker Maria Bruscianelli in Firm MML Investors Services, LLC

October 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 14, 2025.

The Customer alleges despite his instructions, beginning in December 2018, his retirement money was invested in aggressive funds causing him to lose money.

Broker Robert Stephens in PFS Investments INC. Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Stephens (Stephens), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Stephens 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 $21,345.00 on March 14, 2025.

Client alleged I failed to disclose the tax consequences of her Roth IRA conversion.

There are Recent Customer Complaints with Broker Kevin Ross in Firm Innovation Partners LLC

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Ross (Ross), currently associated with Innovation Partners LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ross 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 $500,000.00 on March 07, 2025.

Allegations of Breach of Contract, Suitability, Breach of Fiduciary Duty, Misrepresentation, and Negligence.