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Gerald Fasanella Formerly With Cetera Advisors LLC Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Gerald Fasanella formerly with Cetera Advisors LLC?

Gerald Fasanella (CRD #849312) who was formerly registered with Cetera Advisors LLC and located in Melbourne, Florida is a subject of one of our many securities industry sales practice abuse investigations. He was terminated by Cetera Advisors LLC for allegedly executing the transactions in clients’ accounts without their authorization.

Gerald Fasanella Customer Complaints

Gerald Fasanella has been the subject of 7 customer complaints that we know about, and one of those complaints was filed in the last year to recover investment losses. Five of Gerald Fasanella’s 7 customer complaints were settled in favor of investors. One of Gerald Fasanella’s customers complaints was denied and the customers did not take any further action. There is currently one pending customer complaint filed against Cetera Advisors LLC for investment losses caused by Gerald Fasanella’s alleged misconduct.

Allegations Against Gerald Fasanella

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

  • Customers claim negligence, breach of contract, unsuitability and misrepresentation of recommended products allegedly by Gerald Fasanella.
  • Misleading on investments for puts and calls allegedly by Gerald Fasanella.
  • Gerald Fasanella’s alleged misrepresentation.
  • The client alleges Gerald Fasanella solicited them a highly speculative unsuitable REIT, and an unsuitable variable annuity.

Gerald Fasanella Red Flags & Your Rights As An Investor

Of course, Gerald Fasanella 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 Gerald Fasanella at Cetera Advisors LLC on alert to review carefully the activity and performance of their accounts and question whether Gerald Fasanella has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisors LLC 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 Gerald Fasanella

If you have questions about Cetera Advisors LLC, and/or Gerald Fasanella 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 $125 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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