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Masood Azad Formerly With First Allied Securities, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Masood Azad formerly with First Allied Securities, Inc.?

Masood Azad

Masood Azad (CRD #4798445) who was formerly registered with First Allied Securities, Inc. and located in League City, Texas, is a subject of one of our many securities industry sales practice abuse investigations. Prior to First Allied Securities, Inc., Masood Azad was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Masood Azad Customer Complaints

Masood Azad has been the subject of 5 customer complaints that we know about to recover investment losses. All 5 customer complaints were settled by First Allied Securities in favor of the investors. The brokerage firm then terminated Masood Azad’s employment.

Allegations Against Masood Azad

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

  • Offer and sale of an unimproved outside securities transaction coupled with misrepresentations and breach of contract.
  • Improper solicitation of unimproved outside securities transaction.
  • Unsuitability, fraud, breach of contract, negligence, and breach of fiduciary duty.
  • Unsuitable investment recommendations.

Masood Azad Red Flags & Your Rights As An Investor

Of course, Masood Azad 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 Masood Azad at First Allied Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Masood Azad has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at First Allied Securities, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

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

If you have questions about First Allied Securities, Inc. and/or Masood Azad 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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