Customer Complaints and Investigation by FINRA FINRA began investigating James Walesa of Arkadios Capital in Park Ridge, Illinois, after a customer complaint was made in 2023. The customer filed a FINRA arbitration complaint and alleged that Walesa recommended a speculative private investment called AIU Alternative Care, Inc., (now known as Clearday, Inc.). AIU Alternative/Clearday was…
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FINRA launched an investigation against Craft Capital Management stockbroker, Ruben Rojas-Salvador of New York City in July 2025 after receiving a tip. When FINRA reached out to Rojas-Salvador, he refused to sit for an on-the-record interview. This led to his expulsion under FINRA Rule 8210, which requires licensed advisors to respond to FINRA investigations. If…
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According to FINRA’s BrokerCheck, Edward Hill of LPL Financial has been the subject of five customer complaints since 2023. Each of the complaints involves structured notes. Structured notes are financial instruments that are linked to an underlying index, stock, or currency. While the notes purport to pay income to the note holder, the notes can…
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BrokerCheck, a website maintained by FINRA, has disclosed that financial advisor Robert Alegria and Morgan Stanley are the subject of a customer complaint that was filed in June 2025. The customer alleged that Alegria made unsuitable investment recommendations and violated Regulation Best Interest (Reg BI) with respect to a securities-backed line of credit. The alleged…
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According to a recent disclosure on BrokerCheck, Stephen Parks of Dallas, Texas and Skystone Securities are the subject of a $5 million customer complaint. The customer alleged that Parks recommended two speculative, alternative investments, and that he and Skystone failed to perform adequate due diligence on the products sold to the client. The case was…
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Did you lose money with financial advisor Brian Marston in Greenwood Village, Colorado? Israels & Neuman, with offices in Denver, Colorado, is reviewing allegations made against Brian R. Marston, who was affiliated with Woodbury Financial Services between May 2006 and December 2023. FINRA maintains a website called BrokerCheck, which discloses events like customer complaints, terminations,…
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You may be able to recover money if you suffered losses with Carter Terry & Company financial advisor Donald Spivey in Camden, South Carolina. Israels & Neuman is reviewing allegations made against Donald Franklin Spivey, who was a representative of Carter Terry & Company from 2005 to October 2023 and had been in the securities…
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