B. Riley Wealth Management

Broker Michael Mullen in B. Riley Wealth Management Firm Has Customer Complaint

January 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Mullen (Mullen), currently associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Mullen 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 $781,536.00 on December 05, 2024.

Claimant alleges Mr. Mullen, who was not Claimant's broker, profited from the sale of securities where alleged affiliate relationships were undisclosed. Claimant did not allege a time period.

Broker Francis Cunningham in B. Riley Wealth Management Firm Has Customer Complaint

January 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint with a damage request of $18,469.04 on October 31, 2025.

Customer alleges unauthorized transfer of account, unauthorized purchases and sales of assets, and churning.

Broker Sean Hurley in B. Riley Wealth Management Firm Has Customer Complaint

November 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Hurley (Hurley), currently associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Hurley 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 $250,000.00 on September 30, 2025.

Client alleges RRs made unsuitable recommendations in Movano, Inc. (MOVE) & iShares Russian ETF (ERUS)

There are Recent Customer Complaints with Broker Richard Hackett in Firm B. Riley Wealth Management

November 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Hackett (Hackett), currently associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Hackett 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 $250,000.00 on September 30, 2025.

Client alleges RRs made unsuitable recommendations in Movano, Inc. (MOVE) and iShares Russian ETF (ERUS)

There are Recent Customer Complaints with Broker William Lefkowitz in Firm B. Riley Wealth Management

November 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Lefkowitz (Lefkowitz), currently associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Lefkowitz 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 $1,000,000.00 on September 27, 2025.

Client alleges excessive commissions.

There are Recent Customer Complaints with Broker James Baroutas in Firm B. Riley Wealth Management

November 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Baroutas (Baroutas), currently associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Baroutas 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 $300,000.00 on July 27, 2022.

Claimant alleges Rep exchanged a portfolio of blue chip stocks without her knowledge for the following investments: IN8Bio; Eloxx Pharmaceutical; Journey Medical, Runway Growth; Landsea Homes; Cadiz; Doubledown Interactive; LifeMD; and Minim

Broker Nitin Bahirwani in B. Riley Wealth Management Firm Has Customer Complaint

October 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nitin Bahirwani (Bahirwani), currently associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Bahirwani 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 $900,000.00 on November 07, 2022.

Breach of fiduciary duty, breach of contract

There are Recent Customer Complaints with Broker Viqas Akhtar in Firm B. Riley Wealth Management

August 28, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Viqas Akhtar (Akhtar), currently associated with B. Riley Wealth Management, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Akhtar 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 $5,000.00 on July 01, 2023.

Alleges unsuitable investments and excessive trading.

Broker James Parrish in B. Riley Wealth Management Firm Has Customer Complaint

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Parrish (Parrish), previously associated with B. Riley Wealth Management, has at least one disclosable event. These events include one customer complaint, alleging that Parrish 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 $20,000.00 on June 21, 2023.

IAR advised client to liquidate holdings, instead of transferring the holdings in kind, prior to transfer of assets to Firm. Client states that he incurred a long-term capital gains tax liability as a result of the advice provided and subsequent liquidation.

Broker Mark Bruscianelli in B. Riley Wealth Management Firm Has Customer Complaint

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Bruscianelli (Bruscianelli), currently associated with B. Riley Wealth Management, 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 settled customer complaint with a damage request of $260,000.00 on April 22, 2024.

Alleges RR recommended unsuitable investments in client’s retirement accounts.