Securities Lawyers Blog

Broker Amy Zwaan in Alexander Capital, L.p. Firm Has Customer Complaint

March 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Amy Zwaan (Zwaan), currently associated with Alexander Capital, L.p., has at least 2 disclosable events. These events include 2 tax liens, alleging that Zwaan recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 03, 2024.

Respondent Zwaan failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker Christopher Deo in Firm Voya Financial Advisors, Inc.

March 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Deo (Deo), currently associated with Voya Financial Advisors, Inc., has at least one disclosable event. These events include one tax lien, alleging that Deo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 03, 2024.

Without admitting or denying the findings, Deo consented to the sanctions and to the entry of findings that he certified to the State of New York that he had personally completed 15 hours of continuing education required to renew his state insurance license when, in fact, another person had completed that continuing education on his behalf.

There are Recent Customer Complaints with Broker Cynthia Smith in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

March 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 04, 2024.

Client alleges unsuitable investment strategy from March 2020 through 2022, and unauthorized transactions.

There are Recent Customer Complaints with Broker Alan s Reisfield in Firm UBS Financial Services Inc.

March 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 03, 2024.

Time frame: March 1, 2024 to April 11, 2024\, Allegations: Client, through counsel, alleges that UBS did not act in the best interest of the client by allowing the transfer of certain UBS account assets to a retail banking account.

There are Recent Customer Complaints with Broker Jeffrey Werdesheim in Firm Oppenheimer & Co. Inc.

March 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Werdesheim (Werdesheim), currently associated with Oppenheimer & Co. Inc., has at least one disclosable event. These events include one customer complaint, alleging that Werdesheim 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 $940,941.00 on September 03, 2024.

Negligence/unsuitability; Breach of Contract; Breach of Fiduciary Duty; Respondeat Superior; Negligent Supervision. From 2014 to 3/1/2024

Broker Lawrence Feldmesser in Stifel, Nicolaus & Company, Incorporated Firm Has Customer Complaint

March 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Feldmesser (Feldmesser), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Feldmesser 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 $189,844.00 on August 30, 2024.

Claimants allege negligence, negligent misrepresentation, and violation of Wisconsin’s Uniform Securities Law.

There are Recent Customer Complaints with Broker Glenn Bridwell in Firm Fbl Marketing Services, LLC

March 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on September 04, 2024.

Without admitting or denying the findings, Bridwell consented to the sanction and to the entry of findings that he exercised discretionary power to effect transactions in customer accounts without obtaining prior written authorization from the customers and without his member firm having accepted the accounts as discretionary.

Broker Michael Paesano in Morgan Stanley Firm Has Customer Complaint

March 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on September 03, 2024.

Respondent Paesano failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker Gerard Mcdonough in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

March 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 04, 2024.

Client alleges failure to supervise from March 2020 through 2022.

There are Recent Customer Complaints with Broker Roger Turcotte in Firm Cetera Investment Services LLC

March 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on September 03, 2024.

Without admitting or denying the findings, Turcotte consented to the sanctions and to the entry of findings that he caused his member firm to make and preserve inaccurate books and records by mismarking as unsolicited order tickets for equity transactions that he recommended to his customers. The findings stated that four of the transactions Turcotte mismarked as unsolicited involved solicited purchases of low-priced OTC securities. However, the firm prohibited representatives from recommending such securities to their customers. Turcotte received $3,696.97 in commissions for these four transactions which, had he marked them accurately, would have been cancelled.