Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dan Avery (Avery), previously associated with Waddell & Reed, has at least one disclosable event. These events include one customer complaint, alleging that Avery recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $73,500.00 on June 16, 2020.
Clients, through attorney, allege that, contrary to representations and assurances, the RR did not execute sell orders on March 6, 2020, resulting in loses to their accounts.