Purshe Kaplan Sterling Investments Tag Archives

There are Recent Customer Complaints with Broker Dorothy Mannix in Firm Purshe Kaplan Sterling Investments

June 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dorothy Mannix (Mannix), currently associated with Purshe Kaplan Sterling Investments, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Mannix 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 $25,000.00 on May 18, 2026.

Client alleges breach of fiduciary duty regarding the sale of mutual funds resulting in a possible wash sale tax implication.

Broker John Hutchens in Purshe Kaplan Sterling Investments Firm Has Customer Complaint

June 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Hutchens (Hutchens), previously associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Hutchens 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 $95,000.00 on December 16, 2025.

On August 16, 2018, Claimants became clients of Monon Wealth Management, and terminated their relationship on June 28, 2023. On December 16, 2025, Claimants, through their counsel, submitted to Respondents a Demand for Restitution related to an investment recommended by Respondents (GWG Holdings L Bond) and breach of fiduciary duty during their relationship with Monon Wealth Management. A settlement was reached, and an agreement was signed by the Respondents on February 13, 2026 and by the Claimants on February 10, 2026.

There are Recent Customer Complaints with Broker Andrew Grezaffi in Firm Purshe Kaplan Sterling Investments

May 19, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 10, 2026.

Plaintiff alleges breach of fiduciary duty related to the sale of several parcels of land to another party.

There are Recent Customer Complaints with Broker Jack Cayce in Firm Purshe Kaplan Sterling Investments

May 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jack Cayce (Cayce), currently associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Cayce 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 $100,000.00 on April 21, 2020.

Client claims that investment was unsuitable and Firm did not conduct its proper due diligence prior to selling GPB to its clients.

There are Recent Customer Complaints with Broker John Stophel in Firm Purshe Kaplan Sterling Investments

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Stophel (Stophel), previously associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Stophel 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 $150,000.00 on May 26, 2020.

Client alleges Unsuitable investment into GPB Automotive Portfolio, LP and GPB Capital Holdings II, purchased through Mr. Stophel’s Registered Investment Advisory firm, away from Purshe Kaplan Sterling Investments.

There are Recent Customer Complaints with Broker Matthew Mccoy in Firm Purshe Kaplan Sterling Investments

March 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Mccoy (Mccoy), previously associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Mccoy 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 $150,000.00 on October 06, 2020.

Client alleges Unsuitable investment into GPB Automotive Portfolio, LP and GPB Capital Holdings II, purchased through Mr. McCoy’s Registered Investment Advisory firm, away from Purshe Kaplan Sterling Investments.

There are Recent Customer Complaints with Broker Andrew Scheirer in Firm Purshe Kaplan Sterling Investments

March 24, 2026 | by Staff Attorney

Previously financial advisor Andrew Scheirer (Scheirer), previously employed by brokerage firm Purshe Kaplan Sterling Investments 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 $30,000.00 on October 23, 2020.

Former client stated he was unable to ‘get out’ of two REITs which had decreased in value that were sold to him at Mr. Scheirer’s prior BD-Kovack Securities. He states these were not suitable.

Broker William Platt in Purshe Kaplan Sterling Investments Firm Has Customer Complaint

March 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 14, 2020.

Clients allege Mr. Platt’s unaffiliated RIA firm Momentum Advisors misrepresented their purchase in GPB Waste Management LP and Vida Longevity Fund.

There are Recent Customer Complaints with Broker David Connors in Firm Purshe Kaplan Sterling Investments

February 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Connors (Connors), currently associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Connors 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 $120,000.00 on March 09, 2021.

From 2020 through 2021, Client alleges that Mr. Connors failed to disclose moving funds from an IRA DBA to a non-qualified variable annuity would trigger a taxable event.

Broker Frank Betsch in Purshe Kaplan Sterling Investments Firm Has Customer Complaint

February 20, 2026 | by Staff Attorney

Previously financial advisor Frank Betsch (Betsch), previously employed by brokerage firm Purshe Kaplan Sterling Investments 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 $75,000.00 on April 26, 2021.

Client alleges that Financial Professional misrepresented the risks associated with REITS and BDCs and that the investments were unsuitable.