Allegations from Customer Irvine, California — In April 2025, a customer filed a FINRA arbitration claim against Western International Securities. The customer alleged that advisor Christopher Polimeni “converted customer’s assets by transferring them to a foundation” and alleges $1.6 million in damages, according to FINRA’s BrokerCheck. The complaint was still pending as of August 2025. …
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Israels & Neuman is looking into claims against Thomas F. Daniels, who formerly was a representative with Steward Partners Investment Solutions. Steward Partners Investment Solutions terminated Thomas Daniels in February 2025. Allegations Regarding the Termination Daniels was fired by Steward Partners regarding allegations that he “did not obtain consent to trade in a customer’s account”,…
Continue reading ›Are you a client of Lyle Uyeda, formerly at Planmember Securities? We are investigating claims involving Lyle Uyeda, who was a representative of Planmember Securities and worked in a Mililani, Hawaii office. Mr. Uyeda was discharged by Planmember Securities in May 2025. Allegations Regarding Firing Lyle Uyeda Disclosures about Uyeda’s termination are available on FINRA’s…
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Were you a client of Danny Davis, formerly of Stifel Nicolaus? Our securities arbitration firm is reviewing claims made regarding Danny Davis, who formerly worked at Stifel Nicolaus in an Omaha, Nebraska office. He was terminated in May 2025. Reasons for Stifel Nicolaus’s Termination of Danny Davis FINRA’s BrokerCheck shows that Davis was terminated in…
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Did you invest with Ruben Frezzotti, formerly at Raymond James? We are looking into claims involving Ruben Frezzotti, who formerly was a representative of Raymond James and worked in a Coral Gables, Florida office. In September 2023, Frezzotti was fired by Raymond James. Raymond James’ Allegations Regarding Firing Ruben Frezzotti Information on Frezzotti’s termination is…
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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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Easterly ROCMuni High Income Municipal Bond Fund (RMHIX): What Happened? In early June 2025, the Easterly ROCMuni High Income Municipal Bond Fund (ticker: RMHIX) suffered a dramatic collapse—its net asset value plunged nearly 50%, dropping to roughly $2.95 per share. The dramatic decline in its price could largely be due to the fact that this…
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Allegations According to allegations disclosed on FINRA’s BrokerCheck, Ejiro Okuma of Atlanta, Georgia, was permitted to resign by Equitable Advisors in June 2025. Equitable Advisors disclosed that Okuma “resigned after the Firm suspended him due to allegations of misappropriation by a non-Equitable Advisors’ client”. The resignation occurred just about two weeks after a customer complaint…
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