Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Allan Rosen (Rosen), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rosen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $904,030.00 on October 21, 2024.
Claimants allege that respondents should have blocked the duly authorized power of attorney/daughter of the deceased client from making excessive transfers to her mother’s like registered bank accounts from which the POA took alleged excessive withdrawals, including withdrawals for her mother’s health care.