Financial Advisor Complaints

Grove Point Investments and former financial advisor Luke Lannister are currently at the center of a pivotal case that has sent ripples through the Maryland investment advisor community. The controversy revolves around unauthorized discretionary trading, alleged misconduct, and subsequent regulatory action, serving as a stark example of why investor vigilance and industry oversight are so […]

EastGate Securities and former financial advisor Edward Yao have become the focal point of industry discussion following Yao’s termination on June 16, 2025. As the financial services world closely watches this case, both investors and professionals are reminded of the importance of transparency, compliance, and investor vigilance. With over two decades in the financial industry,

Garden State Securities and financial advisor John Girgis (CRD# 5021526) have recently come under the scrutiny of regulators after a series of trading violations resulted in a permanent industry bar for Girgis. Based in Red Bank, New Jersey, John Girgis built a 19-year career across numerous brokerage firms, including recent time at Garden State Securities

LPL Financial recently made headlines with the termination of one of its registered representatives, Aaron Molnoskey (CRD #: 7277568), on June 16, 2025. This high-profile separation raised significant concerns among industry observers, investors, and regulatory authorities alike, emphasizing the need for diligence when selecting a financial advisor. In an industry where trust and regulatory compliance

Cetera Investment Services and its registered representative, Josh Green, have come under heightened scrutiny following a recent customer file a FINRA complaint and a significant settlement. Based in New Port Richey, Florida, Josh Green (CRD# 4970616) currently serves as both a broker and an investment advisor, with over sixteen years in the securities industry and

Equitable Advisors has been thrust into the spotlight following the resignation of financial advisor Ejiro Okuma (CRD #5774832). The departure of Okuma on June 16, 2025, comes amid serious allegations regarding the misappropriation of client funds, rattling investors and raising essential questions about compliance and oversight in the financial sector. Recent Allegations and Community Impact

Janney Montgomery Scott, a prominent brokerage and investment advisory firm, is currently facing scrutiny following a recent customer file a FINRA complaint involving John Hardiman—a seasoned advisor based in Melville, New York. Hardiman, a member of Hardiman, Lepping & Associates at Janney Montgomery Scott, has built a noteworthy 26-year career in the securities industry. However,

**Money Concepts Capital Corporation** and their registered financial advisor, **Tally Lykins** (CRD #: 2439455), recently found themselves at the center of serious allegations that have drawn increased scrutiny to the financial advisory industry’s relationship with elderly clients. As a registered broker with **Money Concepts Capital Corporation** and also associated with **Money Concepts Advisory Service**, **Tally

Money Concepts Capital Corporation and its registered advisor Tally Lykins have recently come under scrutiny following serious allegations that highlight the critical importance of trust and transparency in the financial services industry. Based in Columbus, Indiana, Tally Lykins (CRD# 2439455) is facing a pending investor file a FINRA complaint that raises concerns about advisor conduct,

Morgan Stanley and its financial advisor, Youssef Zohny (CRD #6759406), are at the center of a significant Financial Industry Regulatory Authority (FINRA) arbitration. As of June 17, 2025, several high-net-worth clients have come forward, alleging damages of $4.5 million stemming from investment mismanagement and a pattern of questionable conduct. This case is notable not only