Securities Lawyers Blog

Broker Scott Lee in Ausdal Financial Partners, INC. Firm Has Customer Complaint

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Lee (Lee), previously associated with Ausdal Financial Partners, INC., has at least 2 disclosable events. These events include 2 customer complaints, 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 $102,000.00 on April 01, 2024.

Suitability/negligence. 2018

Broker Richard Pascale in Lifemark Securities Corp. Firm Has Customer Complaint

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Pascale (Pascale), currently associated with Lifemark Securities Corp., has at least one disclosable event. These events include one customer complaint, alleging that Pascale 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 $340,000.00 on April 02, 2024.

Allegations pertain to an investment in an alternative product, intended to be a small component of a larger diversified portfolio. Investments were purchased from 09/2019 to 02/2020. Unfortunately, the company that issued the investment has since filed Chapter 11 bankruptcy. As a result, allegations include negligence, breach of fiduciary duty, failure to adhere to Best Interest obligation.

There are Recent Customer Complaints with Broker James Neel in Firm Commonwealth Financial Network

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Neel (Neel), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Neel 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 $60,000.00 on April 04, 2024.

Claimant alleges the RR recommended unsuitable Oil & Gas investments.

There are Recent Customer Complaints with Broker Eric Anderson in Firm Nylife Securities LLC

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Anderson (Anderson), currently associated with Nylife Securities LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Anderson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 04, 2024.

The customer alleges that his specific instructions in May 2020 to reinvest dividend was not followed.

There are Recent Customer Complaints with Broker Paul Weinberger in Firm Cetera Financial Specialists LLC

May 12, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 02, 2024.

Client alleges he was unaware a Roth conversion recommended by the rep created an unknown tax consequence

Broker Rodger Mcalister in Money Concepts Capital CORP Firm Has Customer Complaint

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rodger Mcalister (Mcalister), currently associated with Money Concepts Capital CORP, has at least one disclosable event. These events include one customer complaint, alleging that Mcalister 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 $225,000.00 on April 03, 2024.

Client Alleges the recommendations were unsuitable

Broker Brad Whalen in Green Vista Capital, LLC Firm Has Customer Complaint

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brad Whalen (Whalen), currently associated with Green Vista Capital, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Whalen 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 $235,000.00 on April 04, 2024.

Claimants allege violations of federal securities laws; violations of the new jersey uniform securities law; breach of contract; common law fraud; breach of fiduciary duty; negligence and gross negligence.

There are Recent Customer Complaints with Broker Nikolai Taylor in Firm Morgan Stanley

May 12, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 02, 2024.

Heirs of the client allege unsuitable investments.

There are Recent Customer Complaints with Broker Lisa Pugel in Firm Avantax Investment Services, INC.

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lisa Pugel (Pugel), currently associated with Avantax Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pugel 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 April 03, 2024.

Customer alleged she incurred a surrender fee and market adjustment because of miscommunication of the surrender period associated with her annuity.

Broker Rita Mansour in Mcdonald Partners LLC Firm Has Customer Complaint

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rita Mansour (Mansour), currently associated with Mcdonald Partners LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mansour 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 April 03, 2024.

Claimant alleges that RR did not diversify his account, recommended unsuitable investments, and did not accurately disclose information regarding recommended investments.