Allegations Against George N. Jing FINRA opened an investigation into George N. Jing after he was terminated by his former brokerage firm, TransAmerica Financial Advisors. According to a regulatory document called a Form U-5, TransAmerica disclosed that Jing was discharged for his alleged participation “in an undisclosed outside business activity and/or an undisclosed private securities…
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FINRA Allegations Against George Cairnes According to FINRA’s Disciplinary Database, George Cairnes of Wells Fargo in Houston, TX was named in a FINRA Enforcement action. FINRA alleged that Cairnes engaged in an undisclosed outside business activity with a customer of Wells Fargo without providing prior notice to his firm. In particular, Cairnes was alleged to…
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Were you a client of Leroy Born, formerly at Wells Fargo? We are looking into claims involving Leroy Born, who formerly was a representative with Wells Fargo and worked in a Tustin, California office. Born was discharged by Wells Fargo in June 2025. Wells Fargo’s Allegations Regarding Firing Leroy Born FINRA’s BrokerCheck discloses the reasons…
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Were you a client of former Crito Capital financial advisors Jeffrey Galvani and Stuart Jeffery in New York, NY? Israels & Neuman, a securities arbitration firm, is looking into claims made against Jeffrey Galvani and Stuart Jeffery, who were both representatives of Crito Capital. FINRA and SEC Allegations FINRA began investigating Jeffrey Galvani and Stuart…
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FINRA Allegations Against Brenton Ditto Elizabethtown, Kentucky — FINRA brought a regulatory action against Brenton Ditto of LPL Financial, alleging that he violated Regulation Best Interest (Reg BI) by recommending complex GNMA bonds. FINRA alleged that Ditto did not have a reasonable basis for the elderly client to invest in these GNMA bonds. To settle…
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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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