| Read Time: 2 minutes | First Allied Securities Complaints |

It’s critical that everyone understand as much as possible about the people with whom they entrust their money. There are several places to get information on a person’s background, including his or her past employment history, regulatory misconduct proceedings, and consumer complaints.

This vital information may lead to concerns about Chad Barancyk and the financial losses you may have incurred. We’ll do everything we can to answer your questions.


Chad Barancyk Of Great Point Capital LLC And Formerly With First Allied Securities, Inc. Has 8 Customer Complaints For Alleged Broker Misconduct

Who is Chad Barancyk of Great Point Capital LLC?

Chad Barancyk (CRD #4921433) who is currently registered with Great Point Capital LLC and located in Chicago, Illinois is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Great Point Capital LLC, Chad Barancyk was associated with First Allied Securities, Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Chad Barancyk Customer Complaints

Chad Barancyk has been the subject of 8 customer complaints that we know about, 6 of those complaints were filed in the last year to recover investment losses. Two of Chad Barancyk’s customer complaints were denied and, to date, the customers have not taken any further action. There are currently 6 pending customer complaints filed against Chad Barancyk’s former employer First Allied Securities, Inc. for investment losses caused by the alleged misconduct.

Allegations Against Chad Barancyk

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

  • Failure to fulfill promises related to variable annuity investments in investment trusts and other structured product investments.
  • Unsuitable recommendations related to variable annuity investments.
  • Negligence, misrepresentation, and breach of contract related to direct investments.
  • Unsuitable investment recommendations, misrepresentation related to REITs.
  • Recommendation of unsuitable alternative private placement investments and REITs.
  • Unsuitable investment recommendations and failure to diversify clients securities portfolio.

Chad Barancyk Red Flags & Your Rights As An Investor

Of course, Chad Barancyk 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 Chad Barancyk at Great Point Capital LLC and First Allied Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Chad Barancyk has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Great Point Capital LLC and First Allied Securities, Inc. 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 Great Point Capital LLC Due To Chad Barancyk

If you have questions about Great Point Capital LLC, First Allied Securities, Inc., and/or Chad Barancyk 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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