Securities Lawyers Blog

There are Recent Customer Complaints with Broker John Chapman in Firm Wells Fargo Clearing Services, LLC

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 27, 2025.

Client’s attorney complains that the Financial Advisor’s recommendation to sell securities to offset capital gains was unsuitable and requests that the trades be reversed. (12/31/2024-1/27/2025)

Broker Thomas Kelly in Aegis Capital Corp. Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 23, 2025.

Time Frame: 2021 – 2024. Client’s family members allege unsuitable investments

There are Recent Customer Complaints with Broker Vincent Camarda in Firm IBN Financial Services, Inc.

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vincent Camarda (Camarda), previously associated with IBN Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Camarda 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 $99,000.00 on January 27, 2025.

Negligence; breach of fiduciary duty; breach of contract; unjust enrichment; and, aiding and abetting fraud. Alleged dates of activity are May 2021 to June 2022.

Broker Amy Brandts in Cambridge Investment Research, Inc. Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Amy Brandts (Brandts), currently associated with Cambridge Investment Research, Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Brandts 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 $450,000.00 on January 30, 2025.

Client alleges loss was suffered due to actions of an outside, unknown third party, as a result of cyber security breach with the RR’s email account.

There are Recent Customer Complaints with Broker Michael Vauble in Firm Nylife Securities LLC

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 27, 2025.

Policyowners allege that the RR recommended they purchase two fixed life insurance policies in October 2021 and told them the returns on investments from their existing Variable Annuities would assist to pay for the premiums.

There are Recent Customer Complaints with Broker Henry Swan in Firm Equitable Advisors, LLC

March 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 28, 2025.

Claimant alleges RR Swan made misrepresentations and failed to disclose fees in connection with a deferred-compensation plan and variable life insurance policies.

There are Recent Customer Complaints with Broker Haim Pekelis in Firm Morgan Stanley

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Haim Pekelis (Pekelis), previously associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Pekelis 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 $480,000.00 on January 27, 2025.

Time Frame: November 01, 2007 to June 25th, 2008\, What were the allegations against the individual? The trustee alleges the Financial Advisor failed to follow her instructions and placed the account in a risky investment.

Broker Michael Corrada in Center Street Securities, Inc. Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Corrada (Corrada), previously associated with Center Street Securities, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Corrada 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 $200,000.00 on January 23, 2025.

The claimant alleges unsuitable investments.

Broker Alexandre Maltez in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexandre Maltez (Maltez), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Maltez 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 $50,000.00 on February 04, 2025.

Breach of fiduciary duty, negligence, and reg bi

Broker Alexander Creede in Independent Financial Group, LLC Firm Has Customer Complaint

March 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexander Creede (Creede), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Creede 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 $100,000.00 on February 11, 2025.

Claimant alleges unsuitable recommendations into high-risk bonds.