In August, we told you about former broker Sean Brady (CRD #4365173) who was recently barred by FINRA and discharged by his employer, First Allied Securities, Inc. (CRD #32444) of St. Louis, MO.
Like the previous disclosures, these clients allege that Brady used the same practices, including:
- Misrepresentation of net worth
- Unsuitable recommendations based on false documentation
- Completed paperwork without the client’s permission
- Fraud
- Failure to supervise
- Negligence
- Breach of fiduciary duty
Brady was discharged by First Allied Securities on 10/20/2017, and FINRA began investigating him in the same time frame. First Allied Securities discharged him after client allegations surfaced of possible sales practice violations. He declined to provide any requested information to FINRA. Brady was then barred in all capacities, indefinitely on 6/8/2018, including any affiliation with a FINRA broker. No current employment information is available on Brady.
Have You Invested Money With Sean Brady?
Silver Law Group represents investors in securities and investment fraud cases. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.