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Brian F Donnelly Of First Allied Securities, Inc. Has One Customer Complaint For Alleged Broker Misconduct

Who is Brian F. Donnelly of First Allied Securities, Inc.?

Brian Donnelly (CRD #4288121) who is currently registered with First Allied Securities, Inc. and located in Iselin, NJ is a subject of one of our many securities industry sales practice abuse investigations. Prior to First Allied Securities, Inc., Brian Donnelly was associated with Gitterman Wealth Management and 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Brian Donnelly was permitted (probably asked) to resign from Gitterman Wealth Management after it was discovered he initiated transaction which would have resulted in multiple commissions on a single transaction. Further, the transaction was in excess of non-traded REIT guidelines.

First Allied Securities, Inc. Broker Misconduct

In his career, Brian Donnelly has been the subject of one customer complaint that we know about. This complaint is currently pending against First Allied Securities, Inc. for investment losses caused by Brian Donnelly’s alleged misconduct.

Allegations Against Brian Donnelly

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • Claimants elected to invest in GPB through joint representatives in 2015 and now claim, after suspension of distributions, that investment was not suitable.

Brian Donnelly Red Flags & Your Rights As An Investor

Of course, Brian Donnelly did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Brian Donnelly at First Allied Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Brian Donnelly has engaged in any stockbroker misconduct that may have caused them investment losses. There have been a large number of customer complaints at First Allied Securities, Inc. which also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At First Allied Securities, Inc.

If you have questions about First Allied Securities, Inc. and/or Brian Donnelly and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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