John Patock, a broker and investment advisor at Moloney Securities Co., Inc., is facing allegations of suitability and negligence in a pending customer dispute filed on January 19, 2024. The complaint, which involves corporate debt products, seeks damages of $2,021,000. Patock has refuted the allegations, stating, “I refute the allegations of the claims.” The dispute […]
Tim Hakes, a broker and investment advisor associated with Private Client Services, LLC (CRD# 120222) in Kansas, is currently facing allegations of misappropriation of funds related to a variable annuity. The complaint, filed on January 19, 2024, remains pending as of the latest disclosure. Understanding the Allegations and FINRA Rules Misappropriation of funds is a
Haselkorn & Thibaut has opened an investigation into Iselin, New Jersey financial advisor Matt Sottile (CRD# 4774814) following a recent investor complaint alleging unsuitable investment recommendations that resulted in losses. The national investment fraud law firm, with over 95 years of experience and a 98% success rate, is examining the circumstances surrounding Mr. Sottile’s advisory
Randy Birkinbine, a broker and investment advisor with Ausdal Financial Partners, Inc. (CRD 7995) in Minnesota, is facing serious allegations of misconduct related to the sale of GWG L Bonds. The pending customer dispute, filed on January 19, 2024, accuses Birkinbine of suitability issues, breach of fiduciary duty, negligence, and violation of Regulation Best Interest
Max Birkinbine, a broker and investment advisor associated with Ausdal Financial Partners, Inc. (CRD 7995) in Minnesota, is facing allegations of unsuitable investment recommendations, breach of fiduciary duty, negligence, and violation of Regulation Best Interest (Reg BI). The customer dispute, filed on January 19, 2024, and currently pending, involves investments in GWG L Bonds and