Claimant alleges their registered representative recommended unsuitable investments. Claimant generally alleges unsuitability, due diligence, breach of contract, negligence, and fraud.

$100,000.01

$35,000.00

This claim is against the firm (First Allied Securities Inc.) who approved an investment that did poorly. I am no longer associated with First Allied Securities Inc. I am not named in the complaint. I am not financially responsible for any judgement. Please do not let this reflect negatively on my practice. Please understand that lawyers aggressively solicit lawsuits such as this.

Claimant alleges unsuitability, overconcentration, negligence, misrepresentations, failure to supervise, and, breach of contract.

$250,000.00

$80,000.00

This client lost money in an investment that focused on hotels and the hospitality industry. Due to Covid, the investment performed poorly. Unfortunately, there are very aggressive lawyers who solicit people to file claims against financial advisors. This claim is against the firm (First Allied Securities Inc.) who approved this investment. I am no longer associated with First Allied Securities Inc. I am not named in the complaint. I am not financially responsible for any judgement. Please do not let this reflect negatively on my practice.

Claimant alleges financial advisor recommended unsuitable investments.

$218,000.00

$100,000.00

Claimant alleges that her advisor recommended that unsuitable investments in "risky" and "speculative" investments. Claimant alleges negligence, misrepresentation, failure to supervise, and breaches of duty and contract.

$80,000.00

$24,000.00

I disagree with, and strongly deny, claimant's allegations. Claimant was fully aware of, and understood, any and all risks associated with her investments. I was surprised and disheartened to learn she has made these allegations. Overall, her investments were properly diversified and have performed well. I have not misrepresented any facts to this client. This matter has been settled and no longer in arbitration.