Investors have reportedly disputed the sales practices of securities broker Todd Leonard Sherman [CRD: 2518209, Mount Laurel, New Jersey], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Sherman worked for Raymond James Associates Inc. beginning on January 27, 2017, after previously working for Morgan Stanley from June 1, 2009, to January 30, 2017. Keep reading to learn more about this securities broker’s disclosures.
Particularly, on August 7, 2025, a Raymond James Associates Inc. client filed a complaint about Todd Sherman. Primarily, the client alleged that Sherman engaged in unauthorized trading. Because of this, the client allegedly experienced damages connected to structured products. As a result, the client requested $23,750 in compensation from Raymond James Associates Inc. or Sherman. However, the firm denied this complaint.
Also, a client of Morgan Stanley Dean Witter contested Sherman’s sales practices, according to a complaint. Allegedly, Sherman failed to follow instructions regarding the sale of stocks. It appears that Sherman allegedly caused the client to sustain damages. Consequently, Morgan Stanley Dean Witter opted to settle the matter on April 25, 2011, by compensating the client in the amount of $16,000.
Notably, on November 2, 2009, a UBS Financial Services Inc. client filed a complaint about Todd Sherman. Mainly, the client alleged that Sherman recommended risky investments and failed to follow instructions to liquidate accounts. For this reason, the client allegedly incurred damages. Therefore, the client requested $5,000 in compensation from UBS Financial Services Inc. or Sherman. However, the firm denied this complaint.
Do you have concerns or questions regarding investments you made with Todd Sherman? You can contact Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Sherman and brokerage firms Sherman worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
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