Securities Lawyers Blog

Broker Elvira Makarevich in Thrivent Investment Management INC. Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Elvira Makarevich (Makarevich), previously associated with Thrivent Investment Management INC., has at least one disclosable event. These events include one customer complaint, alleging that Makarevich 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 $6,003.00 on July 22, 2020.

Customer alleged Variable Universal Life insurance contract purchased in April 2019 was unaffordable and should never have been issued to her.

There are Recent Customer Complaints with Broker Junko Nagai in Firm LPL Financial LLC

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Junko Nagai (Nagai), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nagai 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 $10,000.00 on July 22, 2020.

Client alleges representative did not liquidate account as directed in December 2019.

Broker Philip Noto in First Standard Financial Company LLC Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Philip Noto (Noto), previously associated with First Standard Financial Company LLC, has at least one disclosable event. These events include one customer complaint, alleging that Noto 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 $5,000,000.00 on July 24, 2020.

Noto was named in a customer complaint that asserted the following causes of action: fraud; breach of fiduciary duties; negligence; and aiding and abetting.

Broker David Wilson in LPL Financial LLC Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Wilson (Wilson), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wilson 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 23, 2020.

In his written complaint letter dated July 23, 2020, the customer claims that David Wilson provided him with false information in order to induce him to purchase a variable annuity in 2014.

Broker Darin Arnell in Cetera Wealth Services, LLC Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darin Arnell (Arnell), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Arnell 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 $237,494.00 on July 27, 2020.

Client alleges investments were not suitable. Client further alleges over-concentration in investment.

Broker Paul Stetter in Raymond James Financial Services, INC. Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Stetter (Stetter), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Stetter 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 $170,000.00 on July 27, 2020.

Client alleges advisor mismanaged accounts by providing unsuitable investment advice and misrepresenting investments.

Broker Dominick Greco in LPL Financial LLC Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dominick Greco (Greco), previously associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Greco 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 July 22, 2020.

Claimant alleges that she desired to purchase safe investments, but instead was placed in Northstar Real Estate Investment II and FS Investment Corp. Claimant contends that those investments were unsuitable and that she suffered losses “approaching $100,000” because the value of the subject investments allegedly had declined. Activity period 1/2015 – 7/2020.

There are Recent Customer Complaints with Broker Michael Palumbos in Firm Osaic Wealth, INC.

April 26, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 26, 2020.

The clients allege the RR provided a poor recommendation in regard to surrendering four annuities in May of 2019, as the resulting tax impact was greater than expected.

Broker Bart Bohrer in Calton & Associates, INC. Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $489,681.94 on July 27, 2020.

Clients allege Breach of Fiduciary Duties, violations of Georgia Uniform Securities Act, Breach of Contract, Negligence date range is from 05/2013 – 06/2017

Broker Charles Davis in Allstate Financial Services, LLC Firm Has Customer Complaint

April 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Davis (Davis), previously associated with Allstate Financial Services, LLC, 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 on July 28, 2020.

Customer alleges she told the RR that she needed to remain in the money market for liquidity. The RR recommended the customer invest in a UIT and when she needed to withdraw funds, she had to liquidate the holdings and uncured a loss.