Janney Montgomery Scott LLC Tag Archives

There are Recent Customer Complaints with Broker Joseph Waterloo in Firm Janney Montgomery Scott LLC

July 30, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 09, 2020.

The client alleges that the investment advisor failed to implement the specific investment strategy that the client requested as indicated in the agreement. Alleged activity occurred from February 19th to March 9, 2020.

Broker Christopher Sinkula in Janney Montgomery Scott LLC Firm Has Customer Complaint

June 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Sinkula (Sinkula), previously associated with Janney Montgomery Scott LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Sinkula 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 August 24, 2020.

Unsuitable allocation of high yield securities from 2013 through 2020.

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

June 16, 2026 | 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 $100,000.00 on May 28, 2026.

Claimants allege that their accounts were unsuitably invested.\,

There are Recent Customer Complaints with Broker Kirk Pickell in Firm Janney Montgomery Scott LLC

May 29, 2026 | by Staff Attorney

Currently financial advisor Kirk Pickell (Pickell), currently employed by brokerage firm Janney Montgomery Scott 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 $10,000,000.00 on November 27, 2020.

Rhode Island client complains that the fees associated with their accounts were not fully disclosed and were higher than stated between 2009 and 2020. Clients further complain that investments made in a hedge fund and an annuity were not suitable.

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

May 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Sinkula (Sinkula), previously associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sinkula 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 August 24, 2020.

Unsuitable allocation of high yield securities from 2013 through 2020.

There are Recent Customer Complaints with Broker Peter Higgins in Firm Janney Montgomery Scott LLC

March 20, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Higgins (Higgins), previously associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Higgins 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 $8,277.60 on November 20, 2020.

Client alleged that Financial Advisor sold a securities position in the Client’s account without authorization. Allegation time period: July 9th, 2020

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

March 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Cahill (Cahill), previously associated with Janney Montgomery Scott LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Cahill recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on March 01, 2021.

Cahill engaged in dishonest or unethical practices in the securities business. Cahill is the subject of an order of a self-regulatory organization expelling him from a self-regulatory organization.

There are Recent Customer Complaints with Broker Thomas Arvanites in Firm Janney Montgomery Scott LLC

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Arvanites (Arvanites), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Arvanites 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 $15,000.00 on March 22, 2021.

Client alleges that the Financial Advisor failed to follow the Client’s instructions to enter an order for the sale of an equity position as a stop limit order.

There are Recent Customer Complaints with Broker Jan Cummins in Firm Janney Montgomery Scott LLC

February 18, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 07, 2021.

Client alleged that he purchased a market-linked CD based on the misrepresentations of his Financial Advisor.

There are Recent Customer Complaints with Broker Kimberly Brown in Firm Janney Montgomery Scott LLC

January 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kimberly Brown (Brown), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brown 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 $7,152,540.24 on September 22, 2021.

Claim alleges that accounts were permitted to be unsuitably invested by a senior client using a margin strategy, which was implemented at a prior firm and resulted in a margin call liquidation in March of 2020.