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Brian Megley Of Cetera Advisors LLC And Formerly With Investors Capital Corp. Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Brian Megley of Cetera Advisors LLC?

Brian Megley (CRD #2302308) who is currently registered with Cetera Advisors LLC and located in Newport, Rhode Island is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Cetera Advisors LLC, Brian Megley was associated with Investors Capital Corp. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Brian Megley Customer Complaints

Brian Megley has been the subject of 4 customer complaints that we know about, 1 of those complaints was filed in the last year to recover investment losses. One of Brian Megley’s 4 customer complaints was settled in favor of investors. Two of Brian Megley’s customer complaints were denied and, to date, the customers have not taken any further action. There is currently 1 pending customer complaint filed against Brian Megley’s current employer Cetera Advisors LLC for investment losses caused by the alleged misconduct.

Allegations Against Brian Megley  

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

  • Unlawful liquidation of investment, without required discretionary authority.
  • Failure to follow instructions.

Brian Megley Red Flags & Your Rights As An Investor

Of course, Brian Megley 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 Megley at Cetera Advisors LLC and Investors Capital Corp. on alert to review carefully the activity and performance of their accounts and question whether Brian Megley has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisors LLC and Investors Capital Corp. also raises questions about the brokerage firms’ 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 Cetera Advisors LLC Due To Brian Megley

If you have questions about Cetera Advisors LLC, Investors Capital Corp., and/or Brian Megley 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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