Raymond James Financial Services Tag Archives

There are Recent Customer Complaints with Broker Douglas Buczak in Firm Raymond James Financial Services, INC.

April 12, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Douglas Buczak (Buczak), previously associated with Raymond James Financial Services, INC., has been subject to at least 2 disclosable events. These events include 2 customer complaints. Several of those complaints against Buczak concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on March 13, 2025.

Statement of Claim alleges an investment recommendation was made for the purpose of generating high commissions and fees and that Claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio.

Broker John Davis in Raymond James Financial Services, Inc. Firm Has Customer Complaint

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 06, 2024.

Respondent Davis 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 Baugh in Firm Raymond James Financial Services, Inc.

April 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Baugh (Baugh), previously associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one regulatory event, alleging that Baugh recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 19, 2024.

Baugh engaged in off-book and unauthorized outside business activity. He received over $10,000 in direct compensation from pastor and minister clients in exchange for providing them with “Rabbi Trust” plans, activity his firm had disapproved.

Broker James Landers in Raymond James Financial Services, Inc. Firm Has Customer Complaint

April 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Landers (Landers), currently associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Landers 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 $33,984.83 on August 21, 2024.

The client alleged trades were placed without authorization. Allegation Activity Dates: 8/9/2024 – 8/21/2024.

Broker Eric Fenn in Raymond James Financial Services, Inc. Firm Has Customer Complaint

April 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Fenn (Fenn), currently associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Fenn 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 $11,088.35 on August 28, 2024.

Claimant alleges margin loan initiated in 2009 was not authorized. Claim was denied.

There are Recent Customer Complaints with Broker Mario Payne in Firm Raymond James Financial Services, Inc.

March 27, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Mario Payne (Payne), previously employed by Raymond James Financial Services, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Payne’s most recent customer complaint alleges that Payne recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $4,000,000.00 on February 12, 2025.

Claimants allege FA improperly engaged in a high-risk, illiquid, complex, and unsuitable investment strategy that concentrated them in structured products such as structured notes, and they also allege the products were misrepresented as safe, guaranteed, and insured. Allegation Activity Dates: 5/3/2013 – 2/8/2019.

Broker Eric Spangenthal in Raymond James Financial Services, Inc. Firm Has Customer Complaint

March 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Spangenthal (Spangenthal), currently associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Spangenthal 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 $25,645.00 on September 09, 2024.

The client alleged account mismanagement.

There are Recent Customer Complaints with Broker Michael Fisette in Firm Raymond James Financial Services, Inc.

March 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Fisette (Fisette), currently associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Fisette 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 $48,345.84 on January 19, 2025.

The client alleged the advisor placed unauthorized trades. Allegation Activity Dates: 1/10/2024 – 1/19/2024.

Broker Travis Alexander in Raymond James Financial Services, Inc. Firm Has Customer Complaint

February 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Travis Alexander (Alexander), previously associated with Raymond James Financial Services, Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Alexander 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 $282,434.75 on November 11, 2024.

Plaintiff alleges investing in a real estate investment based on FAs’ misrepresentations.

There are Recent Customer Complaints with Broker Garry Martin in Firm Raymond James Financial Services, Inc.

February 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Garry Martin (Martin), currently associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Martin 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 $191,000.00 on December 19, 2024.

The client alleged the advisor set up accounts incorrectly and disbursed funds to wrong account types causing a taxable event. Allegation Activity Date: 12/13/2024.