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Search Results: first allied securities
Results 10-20 of about 21
Date: January 19, 2018
A Financial Industry Regulatory Authority arbitration panel has awarded over $4.3M to investors in their elder financial fraud case against former First Allied Securities broker Anthony Diaz. The plaintiffs contend that he invested their retirement funds in high risk private ...
Date: August 23, 2017
The firms that have settled include Cetera Financial Specialists, Cetera Investment Services, Summit Brokerage Services, First Allied Securities, and Girard Securities. The $3.3M is how much these clients were excessively charged plus interest for the mutual funds that they bought ...
Date: November 2, 2016
The firms, and their sanctions, include: Voya Financial Advisors Inc., for $2.75M fine, First Allied Securities, Inc., for $950K fine, VSR Financial Services, for $400K fine, Cetera Financial Specialists LLC, for $350K fine, Cetera Advisors Networks LLC, for $750K fine, ...
Date: March 1, 2016
Other advisor firms noted for their high misconduct rates included First Allied Securities at 17.7%, Wells Fargo Advisors (WFC) at 15.3%, UBS Financial Services (UBS) at 15.14%, Cetera Advisors at 14.39%, Securities America at 14.3%, National Planning Corp. at 14%, ...
Date: October 20, 2015
The firms and the payments they will make include: • First Allied Securities, Inc., which will pay over $689K in restitution and a $325K fine. Continue Reading ›
Date: January 17, 2014
Schorsch entered the independent brokerage scene last year when he acquired Legend Group, First Allied Securities, Investors Capital Holding, and Summit Brokerage Services. Continue Reading ›
Date: June 12, 2013
However, ever since the credit crisis, Symetra isn’t the only insurer to get rid of their independent broker-dealers because of the risks and expenses involved with being part of the securities industry. (The declined in variable annuities sales hasn’t encouraged ...
Date: September 22, 2012
The securities arbitration case was submitted on behalf of Sophin Investments SA, which was established to manage Camelia Nasser de Kassin’s inheritance from a relative. Sophin contended that Merrill allowed Camelia’s brother, Ezequiel Nasser, to make unauthorized trades worth $389 ...
Date: May 26, 2012
However, of the hundreds of arbitration claims (there are also securities lawsuits) that have been pending, this is the first one to go to hearing. Per FINRA, since 1992 David Lerner & Associates has sold close to $7 billion in ...
Date: August 10, 2011
Noack with securities fraud over the sale of unsuitable, high-risk complex investments to 5 Wisconsin school districts. Stifel and Noack allegedly misrepresented the risks involved in investing $200 million in synthetic collateralized debt obligations (CDOs) and did not disclose certain ...
