Securities Lawyers Blog

Broker Joseph Duffy in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Duffy (Duffy), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Duffy recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on March 25, 2020.

The customer alleges failure to follow instructions on March 25, 2020.

There are Recent Customer Complaints with Broker Dana Stellato in Firm David Lerner Associates, INC.

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dana Stellato (Stellato), currently associated with David Lerner Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Stellato 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 $11,927.68 on March 26, 2020.

Failure to follow instructions.

Broker Mark Alford in Tiaa-cref Individual & Institutional Services, LLC Firm Has Customer Complaint

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Alford (Alford), previously associated with Tiaa-cref Individual & Institutional Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Alford recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on March 24, 2020.

The clients state that ‘I have to ask why the request we made last fall has not been completed.’ The clients allege that they spoke with the representative in October 2019 and requested a full account liquation which has not been completed. The client further states ‘we obviously shouldn’t pay the price for the delays on the part of TIAA.’

Broker Michael Tancorra in Equitable Advisors, LLC Firm Has Customer Complaint

July 24, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 25, 2020.

Claimant alleges RR sold him a REIT that was unsuitable for his needs in 2014.

There are Recent Customer Complaints with Broker Albert Kim in Firm Vanguard Marketing Corporation

July 24, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 25, 2020.

Client alleges shares of stock were sold after client specifically requested they be held until further notice. Activity occurred between March 18, 2020 and March 26, 2020.

There are Recent Customer Complaints with Broker Todd Morgan in Firm J.P. Morgan Securities LLC

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Morgan (Morgan), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Morgan 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 $9,563.00 on March 25, 2020.

Client alleges misrepresentation and suitability regarding mutual fund investment. Activity dates 12/02/2019-01/13/2020.

There are Recent Customer Complaints with Broker Clara Tang in Firm Cetera Investment Services LLC

July 24, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 25, 2020.

Claimant alleges that the registered representative recommended unsuitable investments.

There are Recent Customer Complaints with Broker Matthew Bailey in Firm MML Investors Services, LLC

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Bailey (Bailey), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bailey 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 $27,511.00 on March 25, 2020.

Customer alleges that the recommendation, in April 2015, to transfer the proceeds from an inherited IRA into a traditional IRA caused a mandatory distribution and tax liability. Customer requested reimbursement for the tax liability.

There are Recent Customer Complaints with Broker Seongsoo Lee in Firm Ameriprise Financial Services, LLC

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Seongsoo Lee (Lee), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lee 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 $39,794.85 on March 24, 2020.

The client alleged his advisor executed unauthorized mutual fund sell transactions in March 2020.

There are Recent Customer Complaints with Broker Earl Davis in Firm Woodmen Financial Services, INC.

July 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Earl Davis (Davis), currently associated with Woodmen Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Davis 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 $7,077.23 on March 26, 2020.

On or about March 26, 2020, Woodmen Financial Services, Inc. (‘WFS’) customer [REDACTED] submitted a written complaint alleging that his registered representative, Earl Davis, failed to execute his request that his funds remain in the money market account of his newly purchased WoodmenLife variable annuity. [REDACTED] funds were initially invested in the money market account on February 25, 2020 until allocated to the subaccounts of his variable annuity. On March 11, 2020, [REDACTED] funds were allocated to the subaccounts. Thereafter, WFS received the complaint after the close of the market on March 26, 2020. WFS then transferred [REDACTED] funds to the money market account on March 27, 2020. [REDACTED] alleges that he instructed Earl Davis to keep his funds in the money market account. Mr. Davis agrees with [REDACTED] and stated that he failed to follow the instructions of [REDACTED]. As a result of the allocation and the market’s performance, [REDACTED] lost $7,077.23 of his initial investment. At this time, the issuer of the product, Woodmen of the World Life Insurance Society (‘WoodmenLife’) is currently reviewing and responding to the complaint.