RBC Capital Markets

Broker John Germain in RBC Capital Markets, LLC Firm Has Customer Complaint

April 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Germain (Germain), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Germain 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 $5,000.00 on July 19, 2024.

The client expressed grievances with the Silicon Valley Bank bond they purchased in November 2021.

There are Recent Customer Complaints with Broker Stanley Cooper in Firm RBC Capital Markets, LLC

April 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stanley Cooper (Cooper), previously associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cooper 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 $5,000.00 on July 18, 2024.

Alleged fraud and breach of fiduciary duty by failing to disclose information regarding Plaintiff’s withdrawals from trust account versus return on investments, and overconcentration / unsuitability of investments.

There are Recent Customer Complaints with Broker Steven Spiesberger in Firm RBC Capital Markets, LLC

April 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Spiesberger (Spiesberger), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Spiesberger 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 $24,711.17 on February 12, 2025.

Trustee alleges excessive commissions for liquidation of Trust account.

There are Recent Customer Complaints with Broker William Tremont in Firm RBC Capital Markets, LLC

April 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 20, 2025.

The client alleged the financial advisor modified his accounts without his knowledge or approval.

There are Recent Customer Complaints with Broker Joseph Seidler in Firm RBC Capital Markets, LLC

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 02, 2024.

Respondent Seidler failed to respond to FINRA requests for information.

Broker Stanley Crisci in RBC Capital Markets, LLC Firm Has Customer Complaint

April 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stanley Crisci (Crisci), currently associated with RBC Capital Markets, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Crisci 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 $90,000.00 on August 15, 2024.

According to the Statement of Claim, in January 2019, Respondents recommended that claimant invest in a variable annuity; claimant contends that the annuity account was not invested consistent with her investment objectives.

Broker Melanie Folstad in RBC Capital Markets, LLC Firm Has Customer Complaint

February 5, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Melanie Folstad (Folstad) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Folstad was employed by RBC Capital Markets, LLC at the time of the activity. If you have been a victim of Folstad’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $33,927.71 on December 16, 2024.

Client contends that, in 2024, her financial advisor sold shares of apple inc. (AAPL) in her brokerage account without prior authorization.

There are Recent Customer Complaints with Broker Sanjay Mathur in Firm RBC Capital Markets, LLC

February 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on November 06, 2024.

Client complains that Financial Advisor recommended investments in a high risk foreign security despite client’s age and retirement timeline. (10/15/2015-3/20/2024)

Broker Mrunal Patel in RBC Capital Markets, LLC Firm Has Customer Complaint

February 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mrunal Patel (Patel), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Patel 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 $33,927.71 on December 16, 2024.

Client contends that, in 2024, her Financial Advisor sold shares of Apple Inc. (AAPL) in her brokerage account without prior authorization.

Advisor John Micera Has Structured Products Complaint

November 24, 2024 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that financial advisor John Micera (Micera), currently employed by RBC Capital Markets, LLC (RBC) has been subject to at least two customer complaints during the course of his career. According to records kept by The Financial Industry Regulatory Authority (FINRA), Micera’s most recent customer complaint alleges that Micera recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

In April 2024 a customer complained that Micera violated the securities laws by alleging that Micera recommended unsuitable investments in high risk, illiquid, high commission/fee structured notes. The claim alleges $2.275 million in damages and is currently pending.

Structured products are a class of derivative products that derive their performance from market linked data. A structured product generally references a source against which market risk is taken. The source can be a single security, a basket of securities such as a market index, commodities, interest rates, or a real estate loan portfolio. The variety of products that can be structured demonstrates the difficulty in formulating a single unified definition of a structured product.