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Thomas Donahue Of Lincoln Financial Securities Corporation Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Thomas Donahue of Lincoln Financial Securities Corporation?

Thomas Donahue

Thomas Donahue (CRD #2853353) who is currently registered as a broker and investment adviser with Lincoln Financial Securities Corporation and located in Marietta New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Lincoln Financial Securities Corporation, Thomas Donahue was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Thomas Donahue Customer Complaints

Thomas Donahue has been the subject of 2 customer complaints that we know about to recover investment losses. One customer complaint was settled by MML Investors Services in favor of the investor. Lincoln Financial Securities denied the other customer complaint and to date, the customer has not taken any further action.

Allegations Against Thomas Donahue

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

  • Unsuitable recommendation to purchase variable annuity contract and REIT.
  • Advisor invested customer’s assets in unsuitable REIT without his knowledge, mismanaged his mutual fund portfolio with an untimely recommendation to liquidate, poor recommendation to purchase an annuity with a high cost income rider, and misrepresented the risk of these investments.

Thomas Donahue Red Flags & Your Rights As An Investor

Of course, Thomas Donahue 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 Thomas Donahue at Lincoln Financial Securities Corporation on alert to review carefully the activity and performance of their accounts and question whether Thomas Donahue has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Lincoln Financial Securities Corporation 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 Lincoln Financial Securities Corporation Due To Thomas Donahue

If you have questions about Lincoln Financial Securities Corporation and/or Thomas Donahue 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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