Securities Lawyers Blog

Broker Reuben Brown in Edward Jones Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Reuben Brown (Brown), previously associated with Edward Jones, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Brown 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 $130,000.00 on June 12, 2024.

Claimants allege that in 2021, registered representative presented an investment opportunity called Clover Capital that was, according to registered representative, short term and risk free. Claimants assert Clover Capital was a sham, created by registered representative to swindle money from his clients.

Broker Brian Nelson in PFS Investments INC. Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 14, 2024.

The customer alleged that the RR added his own bank account to and withdrew funds from the customer’s mutual fund account without the customer’s knowledge/consent.

Broker Yan Sun in LPL Financial LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yan Sun (Sun), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sun 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 $50,000.00 on June 13, 2024.

Customer alleges representative made unsuitable investment recommendations during the time period 2017 to 2024.

There are Recent Customer Complaints with Broker J. Brian Glaze in Firm Avantax Investment Services, INC.

April 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 13, 2024.

Customer alleged their investments were not suitable.

Broker Regina Loeks in Pershing LLC / Pershing Advisor Solutions LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Regina Loeks (Loeks), currently associated with Pershing LLC / Pershing Advisor Solutions LLC, has at least one disclosable event. These events include one customer complaint, alleging that Loeks 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 $51,271.00 on June 13, 2024.

Customer alleges that on a call with Regina Loeks, Client Processing Associate, on May 7, 2024, they requested that their position in White River Energy Corp (“WTRV”) and White River Energy Corp warrants (“WTRVW”) be liquidated and transferred to their new custodian. The WRTV warrants required exercising prior to liquidation but Ms. Loeks submitted a request incorrectly to liquidate the warrants instead of exercising. The WRTV shares were not sold as they were not in the account at the time of request.

Broker Erik Olson in Arete Wealth Management, LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Erik Olson (Olson), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Olson 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 $104,832.47 on June 13, 2024.

Client alleges registered representative recommended an unsuitable investment.

Broker Kurt Berry in Vanderbilt Securities, LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Kurt Berry (Berry) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Berry was employed by Vanderbilt Securities, LLC at the time of the activity. If you have been a victim of Berry’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on June 17, 2024.

Without admitting or denying the findings, Berry consented to the sanctions and to the entry of findings that he participated in private securities transactions involving customers without providing prior written notice to his member firms or receiving approval from them. The findings stated that Berry’s customers invested $517,410 in oil and gas wells through a series of securities offerings. These customers were all either pre-existing clients or family members of existing clients of Berry’s advisory firm. Berry met with and made each customer aware of the oil and gas securities offerings, discussed the investments with each customer, and introduced each customer to a colleague who had visited some of the oil and gas wells to conduct due diligence. For each of the customers, Berry received $2,000, totaling $8,000.

There are Recent Customer Complaints with Broker Robert Schultz in Firm Osaic Wealth, INC.

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Schultz (Schultz), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Schultz 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 $75,000.00 on June 17, 2024.

Claimant alleges unsuitable recommendation and sale of alternative investments.

There are Recent Customer Complaints with Broker Bryan Emerson in Firm Cim Securities, LLC

April 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 14, 2024.

Suitability, Breach of Contract, Account Negligence/Supervision.

There are Recent Customer Complaints with Broker Melvin Rokeach in Firm May Capital Group, L.l.c.

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Melvin Rokeach (Rokeach), previously associated with May Capital Group, L.l.c., has at least one disclosable event. These events include one customer complaint, alleging that Rokeach 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 $125,000.00 on June 17, 2024.

Statement of Claim names May Capital Group, LLC as the Respondent. Melvin Rokeach is identified as the broker/representative of the firm. Claims against the Respondent are misrepresentation, failure to conduct reasonable due diligence, and failure to supervise.