Posts Tagged ‘customer complaint’
Hal Ribich: Investor Seeks Over $500,000 Over Master Limited Partnership Fund Investments
Hal Ribich (CRD #: 1590089), a broker registered with Stifel, Nicolaus & Company, is facing a six-figure dispute, according to his BrokerCheck record, accessed on March 24, 2021. On March 1, 2021, an investor alleged that Hal Ribich misled them and engaged in fraud when he recommended purchasing four master limited partnership (MLP) funds. This…
Read MoreInvestor Alleges that Marguerite Toroian Failed to Liquidate an Account
Marguerite Toroian (CRD #: 3051646), an investment adviser registered with Bell Rock Capital, is embroiled in a six-figure investor dispute, according to her Investment Advisor Public Disclosure record, accessed on March 5, 2021. On December 23, 2020, an investor alleged that Marguerite Toroian mishandled the sale of common stock and the liquidation of their account.…
Read MoreChristopher Butler of Morgan Stanley Embroiled in 9th Investor Dispute
Christopher Butler (CRD #: 1894450), a Woodland Hills, California broker and investment adviser registered with Morgan Stanley, is facing his 9th investor dispute, according to his BrokerCheck record, accessed on February 4, 2021. Christopher Butler also offers investment advisory services through The Butler Group. On November 25, 2020, an investor alleged that Christopher Butler misrepresented…
Read MoreMichael Venturino Racks Up 12th Investor Dispute
Michael Venturino (CRD #: 5872439), a broker registered with Spartan Capital Securities, is the subject of an investigation initiated by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record, accessed on December 28, 2020. This is his 17th BrokerCheck disclosure — a relatively high number of disclosures, given that only around 8% of…
Read MoreRafe Klein Faces Allegations of Unsuitable Investment Recommendations
Rafe Klein (CRD #: 2865823), a broker registered with David Lerner Associates, is involved in a new customer dispute, according to his BrokerCheck record, accessed on December 28, 2020. There are other disclosures on his record that investors should note. On November 3, 2020, a client alleged that Rafe Klein made unsuitable investment recommendations, misrepresented…
Read MoreHaiguang Yin Faces Investor Allegations of Unsuitable Investment Recommendations
Haiguang Yin (CRD #: 3249933), a broker registered with Cetera Investment Services, is involved in a client dispute over unsuitable investments, according to his BrokerCheck record, accessed on December 2, 2020. On October 8, 2020, a client alleged that Mr. Yin recommended unsuitable investments. The client is seeking $175,000; the dispute is pending. On September…
Read MoreSeth Renaud Faces Allegations of Unsuitable REITs and Energy Securities
Seth Renaud (CRD #: 4946831), a broker registered with Commonwealth Financial Network, is facing a client dispute regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on November 24, 2020. See below to find out why the investor alleged these investments were unsuitable. On October 16, 2020, a client alleged that Mr. Renaud recommended…
Read MoreRobert Donovan Involved in an Investor Dispute Over Half a Million Dollars
Robert Donovan (CRD #: 1005325), a Massachusetts broker registered with UBS Financial Services, has yet a new investor dispute, according to his BrokerCheck record, accessed on November 24, 2020. This is the sixth investor dispute on Mr. Donovan’s record. On October 15, 2020, a client alleged that Robert Donovan recommended unsuitable investments. The client further…
Read MoreJeffrey Weiner Racks up Investor Complaints over Variable Universal Life Policies
Jeffrey Weiner (CRD #: 2476604), a broker registered with Pruco Securities LLC, is the subject of two pending customer disputes revolving around variable universal life policies, according to his BrokerCheck record, accessed on September 17, 2020. Mr. Weiner has disclosed that he is also a sales rep for MetLife. On August 27, 2020, a client…
Read MoreAsher Feinberg is the Subject of a Customer Complaint Regarding a Master Limited Partnership
Asher Feinberg (CRD #: 2189195), a broker and an investment adviser registered with Morgan Stanley, is facing a client complaint regarding an unsuitable investment recommendation, according to his BrokerCheck record, accessed on September 17, 2020. On August 10, 2020, a client alleged that Asher Feinberg made an unsuitable investment recommendation of a master limited partnership…
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