Articles Tagged with RBC Capital Markets

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

FINRA BrokerCheck shows a pending customer complaint on September 09, 2025.

Client alleges, inter alia, unsuitability with respect to FA’s recommendation to open a Liquidity Access Line for investment purposes – Apr 2024 – Aug 2024.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Tammy Higgins (Higgins), previously associated with RBC Capital Markets, LLC, has at least 2 disclosable events. These events include 2 customer complaints, 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 $29,814.00 on June 27, 2022.

The client alleged bonds purchased in the client’s accounts in January 2022 were done so without her authorization.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Chu (Chu), currently associated with RBC Capital Markets, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Chu 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 $460,000.00 on July 19, 2022.

Unsuitable concentration of energy sector securities

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Martin Klein (Klein), currently associated with RBC Capital Markets, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Klein 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 $8,400,000.00 on October 14, 2022.

The clients alleged the advisor made unsuitable recommendations to purchase governmental agency bonds for his portfolio between September 2016 and June 2022, and misinformed him of their potential risk related to rising interest rates.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Rippeteau (Rippeteau), previously associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rippeteau 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 $31,000.00 on October 17, 2022.

The client alleged his advisor failed to follow sell trading instructions in March 2022.

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

FINRA BrokerCheck shows a pending customer complaint on September 25, 2025.

The customer alleges unsuitable investments, misrepresentations and omissions, and that the Financial Advisor was not acting in her best interest.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Meyer (Meyer), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Meyer 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 $250,000.00 on December 23, 2022.

Customer alleges that FA failed to follow instructions regarding sale of stocks

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

FINRA BrokerCheck shows a settled customer complaint on December 22, 2022.

Arbitration: Claimant alleges his FA made unsuitable and unauthorized investments in contrast with Claimant’s stated investment objectives and strategy. \, \, Complaint: Client complains that financial advisor represented that investments were conservative liquid instruments, whereas they lost significant value and were subject to a contingent deferred sales charge. (11/23/2020-7/5/2022)

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Gorham (Gorham), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gorham 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 $5,000.00 on August 13, 2025.

The client alleged a mutual fund investment, made in September 2021, was outside her documented risk tolerance.

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Currently financial advisor David Heide (Heide), currently employed by brokerage firm RBC Capital Markets, 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 with a damage request of $5,000.00 on August 20, 2025.

The client alleged the advisor misrepresented the portfolio allocations being made to a hedge fund investment in November 2020.

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