Articles Tagged with D.H. Hill Securities

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Standley (Standley), previously associated with D.h. Hill Securities, Lllp, has at least one disclosable event. These events include one customer complaint, alleging that Standley 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 $190,000.00 on August 09, 2022.

Client alleges that in Nov. 2019 representative recommended GWG L-Bonds that was unsuitable. Claimant alleges failure to conduct reasonable due diligence, unsuitable recommendation, violation of securities laws, breach of contract, common law fraud, breach of fiduciary duty, and negligence.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Dechick (Dechick), currently associated with D.h. Hill Securities, Lllp, has at least one disclosable event. These events include one customer complaint, alleging that Dechick 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 $65,000.00 on October 03, 2025.

Customer was a client beginning 2015 through 2025. Client alleges unsuitable recommendation of GWG L-Bond in 2022.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Hawke (Hawke), currently associated with D.h. Hill Securities, Lllp, has at least one disclosable event. These events include one customer complaint, alleging that Hawke 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 $200,000.00 on July 01, 2025.

Client alleges unsuitable recommendation of purchase of a fee simple investment in December of 2022.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leslie Kern (Kern), previously associated with D.h. Hill Securities, Lllp, has at least one disclosable event. These events include one customer complaint, alleging that Kern 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 $200,000.00 on December 04, 2023.

Claimants were clients between 2016 to 2023. Allegations include unsuitable concentration and unsuitable recommendations.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Wallace (Wallace), previously associated with D.h. Hill Securities, Lllp, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Wallace 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 $100,001.00 on April 16, 2024.

Customer was a client beginning March 2019. Claim alleges unsuitable recommendation, negligence, and breach of contract.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Dechick (Dechick), currently associated with D.h. Hill Securities, Lllp, has at least 5 disclosable events. These events include 5 customer complaints, alleging that Dechick 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 $50,000.00 on November 05, 2024.

Claimants allege unsuitable recommendation and misrepresentation of product sold in Nov 2020

shutterstock_66175306-300x225Current D.H. Hill Securities, LLLP (D.H. Hill) broker Charles Stevens (Stevens) has been subject to four customer complaints and five tax liens.  According to a BrokerCheck report many of the complaints concern alternative investments and direct participation products (DPPs) such as non-traded real estate investment trusts (REITs).  The attorneys at Gana Weinstein LLP have extensive experience handling investor losses caused by these types of products.

In addition, Stevens is subject to massive tax liens totaling hundreds of thousands of dollars.  In March 2017 Stevens disclosed a tax lien of over $202,000.  The fact that a broker cannot manage his own personal finances is material information for a client to consider.  In addition, the types of products clients have alleged were unsuitable are high commission products that may be recommended to generate high profits for the advisor at the expense of the client.

In March 2018 a customer filed a complaint alleging unsuitable recommendations, breach of fiduciary duty, negligence, failure to supervise and breach of contract during period of 2012 to 2017.  The client alleged $150,000 in damages and the claim is currently pending.

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