Janney Montgomery Scott LLC Tag Archives

There are Recent Customer Complaints with Broker Herbert Marache in Firm Janney Montgomery Scott LLC

November 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 29, 2022.

Client alleged that the Advisor sold securities in the client’s Trust accounts without authorization. Allegation Time Period: June 16, 2022.

There are Recent Customer Complaints with Broker John Coleman in Firm Janney Montgomery Scott LLC

November 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 05, 2022.

Client alleged that the Advisor invested the client’s funds in the stock market without the client’s authorization. Allegation Time Period: September 2021 to October 2022

Broker Raymond Sardina in Janney Montgomery Scott LLC Firm Has Customer Complaint

October 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Raymond Sardina (Sardina), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sardina 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 $1,500,000.00 on December 16, 2022.

Upon former FA’s termination of employment, the inheriting FA inappropriately invested him in speculative high-risk investments using margin, including investments in equity-linked securities focused on energy and biotech and concentrated positions.

Broker John Hardiman in Janney Montgomery Scott LLC Firm Has Customer Complaint

October 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Hardiman (Hardiman), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hardiman 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 $660,000.00 on August 19, 2025.

Claimants allege that their accounts were unsuitably invested.

There are Recent Customer Complaints with Broker Robert Rose in Firm Janney Montgomery Scott LLC

September 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Rose (Rose), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rose 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 $78,000.00 on February 22, 2023.

Letter from customer’s attorney alleging that advisor failed to follow customer instructions pertaining to asset allocation and made unauthorized trades. Client was in a managed account.

There are Recent Customer Complaints with Broker Stephen Spahr in Firm Janney Montgomery Scott LLC

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Spahr (Spahr), previously associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Spahr 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 September 27, 2022.

Claimant makes claims for poor recommendation.

There are Recent Customer Complaints with Broker Brian Hoffman in Firm Janney Montgomery Scott LLC

July 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Hoffman (Hoffman), previously associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hoffman 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 $784,447.27 on May 14, 2025.

Client claims that Financial Advisor failed to execute trades to implement her financial plan resulting in lack of growth in her accounts. Allegation Time Period: June 2022 to November 2023.

There are Recent Customer Complaints with Broker Christopher Walters in Firm Janney Montgomery Scott LLC

July 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on October 16, 2023.

Client alleges that he purchased a variable annuity based on the Advisor’s misrepresentation of the annuity’s features and expected performance. Allegation period May 2013 to Present.

There are Recent Customer Complaints with Broker Susan Whitesell in Firm Janney Montgomery Scott LLC

July 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Susan Whitesell (Whitesell), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Whitesell 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 $11,873.00 on October 26, 2023.

Operational matter that evolved into arbitration regarding and IRA conversion.

There are Recent Customer Complaints with Broker Jonathan Harvey in Firm Janney Montgomery Scott LLC

June 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jonathan Harvey (Harvey), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Harvey 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 $499,000.00 on February 27, 2024.

Claimants allege that their accounts held unsuitable long term fixed income products.