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Scott Steven Brown with Royal Alliance Associates, Inc. Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year

Who is Scott S. Brown with Royal Alliance Associates, Inc.?

Scott Brown (CRD #4322420) who is currently registered with Royal Alliance Associates, Inc. and located in Pasadena, California is a subject of one of our many securities industry sales practice abuse investigations.

Prior to Royal Alliance Associates, Inc., Scott Brown was associated with 1st Global Capital Corp., another investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.

Royal Alliance Associates, Inc. Broker Misconduct

In his career, Scott Brown has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last year to recover investment losses.  

Both of the customer complaints filed against Scott Brown’s current employer Royal Alliance Associates, Inc. for investment losses caused by his alleged misconduct have been recently denied by the firm and, to date, the customers have not yet filed their arbitration claims.

Allegations Against Scott Brown

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

  • The client, who was Scott Brown’s former spouse, alleged that he blocked her account access and ability to execute transactions in further transferred money into his personal account without her knowledge or consent.
  • The customer, who was an immediate family member to Scott Brown, alleges that the forged signature on three transfer documents.

Scott Brown Red Flags & Your Rights as An Investor

Of course, Scott Brown 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 that should put all current and former customers of Scott Brown at Royal Alliance Associates, Inc. and 1st Global Capital Corp. on alert to review carefully the activity and performance of their accounts and question whether Scott Brown has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at Royal Alliance Associates, Inc. and 1st Global Capital Corp. also raises questions about 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 Royal Alliance Associates, Inc.

If you have questions about Royal Alliance Associates, Inc., 1st Global Capital Corp., and/or Scott Brown 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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