PHX Financial

There are Recent Customer Complaints with Broker Jonathan Weinberg in Firm PHX Financial, INC.

May 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jonathan Weinberg (Weinberg), previously associated with PHX Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Weinberg 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 $650,000.00 on June 02, 2020.

Unsuitable investments

Broker Michael Mccauley in PHX Financial, INC. Firm Has Customer Complaint

March 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Mccauley (Mccauley), currently associated with PHX Financial, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mccauley 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 September 28, 2020.

Suitability. The allegations cover the time frame while i was employed at a previous firm from 04/04/2017 through 07/14/2017.

There are Recent Customer Complaints with Broker Solomon Krispeal in Firm PHX Financial, INC.

March 9, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Solomon Krispeal (Krispeal), previously associated with PHX Financial, INC., has been subject to at least 2 disclosable events. These events include 2 customer complaints. Several of those complaints against Krispeal 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 $49,982.62 on February 04, 2021.

Krispeal was named in a customer complaint that asserted the following causes of action: Suitability, churning, unauthorized trading, fraud, misrepresentation, violation of Securities Law, breach of fiduciary duty, breach of contract, failure to supervise, unjust enrichment, Lost Opportunity Damages and Punitive Damages.

There are Recent Customer Complaints with Broker Richard Jirinec in Firm PHX Financial, INC.

March 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Jirinec (Jirinec), currently associated with PHX Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Jirinec 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 $1,180,000.00 on December 18, 2025.

The Estate of deceased clients allege there were regulation best interest violations during the account period 06/01/2020 through 12/2022.

Broker Bernard Jasmin in PHX Financial, INC. Firm Has Customer Complaint

February 22, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Bernard Jasmin (Jasmin), previously associated with PHX Financial, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Jasmin 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 $4,800,000.00 on April 12, 2021.

Fraud, Churning, Unauthorized trading, Excessive Commissions

There are Recent Customer Complaints with Broker Todd Sanders in Firm PHX Financial, INC.

February 22, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Todd Sanders (Sanders), previously associated with PHX Financial, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Sanders 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 $4,800,000.00 on April 12, 2021.

Fraud, Churning, Unauthorized trading, excessive commissions

There are Recent Customer Complaints with Broker Jim Scala in Firm PHX Financial, INC.

February 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jim Scala (Scala), currently associated with PHX Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Scala 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 $1,180,000.00 on December 18, 2025.

The Estate of the Client allege regulation best interest violations took place during the tenure of the account between June 2020 through December 2022.

There are Recent Customer Complaints with Broker Serge Parakhnevich in Firm PHX Financial, INC.

January 30, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Serge Parakhnevich (Parakhnevich), currently associated with PHX Financial, INC., has been subject to at least 3 disclosable events. These events include 2 customer complaints, one regulatory event. Several of those complaints against Parakhnevich 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 $50,000.00 on July 23, 2021.

In early summer of 2015, claimant alleges excessive trading, unauthorized trading, and breach of fiduciary duties took place in his account by his registered representatives at the time.

Broker Vincent Villani in PHX Financial, INC. Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vincent Villani (Villani), currently associated with PHX Financial, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Villani 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 30, 2021.

Suitability

There are Recent Customer Complaints with Broker Alex Ng in Firm PHX Financial, INC.

November 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alex Ng (Ng), currently associated with PHX Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ng 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 $500,000.00 on October 06, 2025.

Clients allege that upon transferring their account to Mr. King, he reallocated portfolio holdings into unsuitable investments comprised of blue chips, sector funds and alternative investments.