Securities Lawyers Blog

There are Recent Customer Complaints with Broker Raul Benitez in Firm Wells Fargo Clearing Services, LLC

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Raul Benitez (Benitez), previously associated with Wells Fargo Clearing Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Benitez 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 $500,000.00 on January 22, 2024.

Clients allege representative made unsuitable and misrepresentations of recommendations in September 2014 and March 2015.

There are Recent Customer Complaints with Broker Mark Hegstrom in Firm LPL Financial LLC

June 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 24, 2024.

Customer alleges that investments made in 2014 were unsuitable for the customer’s investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker Michael Velazquez in Firm LPL Financial LLC

June 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 24, 2024.

Claimant trustee alleges that the subject investment, which was purchased by third-party customers prior to their passing and subsequently transferred to a trust account, was not suitable for the customers (now deceased) when it was purchased in 2014.

Broker Matias Cavalieri in Morgan Stanley Firm Has Customer Complaint

June 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 24, 2024.

Claim made by Estate of deceased client alleges, inter alia, unauthorized trading with respect to equity investments – August 2014 through November 2015

Broker Thomas Geissler in Ameritas Investment Company, LLC Firm Has Customer Complaint

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Geissler (Geissler), currently associated with Ameritas Investment Company, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Geissler 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 $1,000,000.00 on January 22, 2024.

Finra arbitration 24-00095 whereby claimants allege the financial professional recommended to invest in unsuitable and high risk fixed annuities.

Broker Thomas Barbaccia in Osaic Wealth, INC. Firm Has Customer Complaint

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Barbaccia (Barbaccia), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Barbaccia 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 $44,000.00 on January 23, 2024.

Claimant alleges the RR recommended an unsuitable REIT investment in 2014.

Broker Suzette Lawrence in Independent Financial Group, LLC Firm Has Customer Complaint

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Suzette Lawrence (Lawrence), currently associated with Independent Financial Group, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Lawrence 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 $30,000.00 on January 24, 2024.

Client expressed frustration with losses in his investment advisory account. July 28, 2021, to December 21, 2023.

Broker Thomas Watts in Raymond James Financial Services, INC. Firm Has Customer Complaint

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Watts (Watts), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Watts 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 $24,999.00 on January 22, 2024.

Claimant, as Personal Representative of the Estate of the Client, alleges various claims relating to the purchase of Standard Lithium, Ltd. stock on or about August 23, 2023.

There are Recent Customer Complaints with Broker Sean Casterline in Firm Delta Securities Company, LLC

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Casterline (Casterline), previously associated with Delta Securities Company, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Casterline 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 $500,000.00 on January 23, 2024.

Sean Casterline was named in a customer complaint that asserted the following causes of action: breach of contract and warranties, promissory estoppel, violation of fraud and state securities statutes, and the deceptive trade practices act (DTPA) breach of fiduciary duty.

There are Recent Customer Complaints with Broker Patrick Kenney in Firm Ameritas Investment Company, LLC

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patrick Kenney (Kenney), currently associated with Ameritas Investment Company, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kenney 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 $1,000,000.00 on January 22, 2024.

Finra arbitration 24-00095 whereby claimants allege the financial professional recommended to invest in unsuitable and high risk fixed annuities.