Hightower Securities

There are Recent Customer Complaints with Broker Patricia Pick in Firm Hightower Securities, LLC

July 16, 2025 | by Staff Attorney

Previously financial advisor Patricia Pick (Pick), 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 $200,000.00 on July 25, 2023.

Patricia Pick is involved with a FINRA arbitration claim brought by her former customer alleging certain sales practices violations, including customer suitability claims, negligence claims, breach of contract and fiduciary duty, and supervisory deficiencies relating to the customer’s investments in private placement products in October 2015 and January 2017 (while Ms. Pick was employed by the reporting firm).

There are Recent Customer Complaints with Broker William Galvin in Firm Hightower Securities, LLC

February 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Galvin (Galvin), currently associated with Hightower Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Galvin 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 $60,000.00 on December 04, 2024.

The product became illiquid and the REIT stopped paying dividends after dropping in value. The original purchase was for $60,000.00 and was bought ten years ago.

There are Recent Customer Complaints with Broker Thomas Mingone in Firm Hightower Securities, LLC

February 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Mingone (Mingone), currently associated with Hightower Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mingone 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 $60,000.00 on December 04, 2024.

The product became illiquid and the REIT stopped paying dividends after dropping in value. The original purchase was for $60,000.00 and was bought ten years ago.

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

February 11, 2025 | by Staff Attorney

Currently financial advisor John Galvin (Galvin), currently 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 pending customer complaint on November 21, 2023.

Claimant alleges REIT purchased was unsuitable.