Allegations Regarding Don Linzer

According to BrokerCheck, Don Linzer has been the subject of two customer complaints within the last year.  The first complaint was made in December 2025 and was filed against Linzer’s former firm, Coastal Equities (now known as Realta Equities). This complaint alleges that a customer lost over $6 million in speculative, risky, and unsuitable private investments recommended by Linzer.

Linzer has also been the subject of a second complaint that was made in January 2026.  This second complaint was filed against another of Linzer’s former firms, Great Point Capital, and alleges over $1 million in losses related to a real estate investment.  Both cases are still pending.

Background on Don Linzer

Don Linzer had been licensed with Great Point Capital from July 2023 to August 2024 at a Pittsburgh, Pennsylvania office.  He also was licensed with Coastal Equities (now Realta Equities) between January 2022 and July 2023.   

Can Great Point Capital Be Responsible for Linzer’s Conduct?

Under FINRA Rule 3110, broker-dealers like Great Point Capital and Coastal Equities must reasonably supervise the activity of its advisors.  The firms could be responsible for investor losses if they failed to reasonably supervise him.

Israels & Neuman Helps Victims of Investment Fraud in Pennsylvania

We represent investors throughout the United States as well as Pennsylvania, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.    If you were a client of Don Linzer and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Linzer’s BrokerCheck Report

Contact Us for a Free and Confidential Consultation

Call us today at (720) 599-3505 or (206) 795-5798

or fill out our contact form to learn more about your rights. We have experience representing Pennsylvania investors and are ready to help you recover what you deserve.

Did you invest with financial advisor Ceondre Colvin in Pittsburgh, Pennsylvania? Israels & Neuman is looking into claims made by FINRA against this advisor, who was a representative of NYLife (New York Life) Securities. In November 2024, he was barred from the securities brokerage industry by FINRA after he refused to cooperate with a FINRA investigation.

Colvin was under investigation after a customer complaint alleged that he made unauthorized withdrawals from two customers’ accounts to pay for personal expenses. New York Life already settled two cases involving this advisor, one for over $95,000 and another for over $8,000.

Ceondre Colvin was registered with NYLife Securities from September 2022 to June 2024. He worked in Pittsburgh, Pennsylvania.

Brokerage firms must reasonably monitor its advisors. If the firm fails to do so, they could be liable for investor losses.

FINRA’s AWC Regarding Ceondre Colvin can be found HERE

Ceondre Colvin’s BrokerCheck Report can be found HERE

If you lost money with Ceondre Colvin or NYLife Securities, contact the law firm of ISRAELS & NEUMAN at (616) 280-4303 or (206) 795-5798 for a Free evaluation of your case.