Regulus Financial Group

Broker Russell Thompson in Regulus Financial Group, LLC Firm Has Customer Complaint

January 28, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 12, 2021.

Customer Alleges that the rep did not fully disclose all the facts regarding surrender charges and improper application handling.

There are Recent Customer Complaints with Broker Shawn Everett in Firm Regulus Financial Group, LLC

January 24, 2026 | by Staff Attorney

Currently financial advisor Shawn Everett (Everett), currently employed by brokerage firm Regulus Financial Group, 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 on September 16, 2021.

Claimant alleges that the registered representative recommended unsuitable high-risk REITs.

There are Recent Customer Complaints with Broker Timothy Peoples in Firm Regulus Financial Group, LLC

September 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Peoples (Peoples), currently associated with Regulus Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Peoples 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 March 15, 2023.

Investments made on September 2018. September 2019, August 2020 and September 2020 in GWG L-bond. L-Bond stopped paying interest in February 2022 and in April, 2022, GWG filed for re-organization under Chapter 11 bankruptcy. Bankruptcy plan and Wind Down Trust have been approved by the court.

There are Recent Customer Complaints with Broker Melvin Jacobi in Firm Regulus Financial Group, LLC

September 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Melvin Jacobi (Jacobi), currently associated with Regulus Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jacobi 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 $25,000.00 on March 20, 2023.

Investment made December, 2017 in GWG L-bond. L-Bond stopped paying interest in February 2022 and in April, 2022, GWG filed for re-organization under Chapter 11 bankruptcy. Plan to exit bankruptcy currently being reviewed by court.

There are Recent Customer Complaints with Broker Matthew Schiller in Firm Regulus Financial Group, LLC

July 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Schiller (Schiller), previously associated with Regulus Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Schiller 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 $1,000,000.00 on August 08, 2023.

Claimant alleges unsuitable investments in client account made by Sanjay Bhargava and Matthew Schiller in January 2021. Regulus Financial Group finds no fault in Sanjay Bhargava and Mathew Schiller and is pursuing denial of claim in arbitration.

There are Recent Customer Complaints with Broker Sanjay Bhargava in Firm Regulus Financial Group, LLC

July 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sanjay Bhargava (Bhargava), previously associated with Regulus Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bhargava 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 $1,000,000.00 on August 08, 2023.

Claimant alleges unsuitable investments in client account made by Sanjay Bhargava in January 2021. Regulus Financial Group finds no fault in Sanjay Bhargava and is pursuing denial of claim in arbitration.

Broker Donald Carlson in Regulus Financial Group, LLC Firm Has Customer Complaint

July 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Carlson (Carlson), currently associated with Regulus Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carlson 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 $1,000,000.00 on August 08, 2023.

Claimant alleges lack of supervision by Donald Carlson for registered representatives Sanjay Bhargava and Matthew Schiller in January 2021. Regulus Financial Group finds no fault in Donald Carlson and is pursuing denial of claim in arbitration.