Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Mckiernan (Mckiernan), currently associated with Landolt Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mckiernan 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 $110,000.00 on October 31, 2022.
Customer alleges that a registered representative, Anthony Liddle, solicited her to purchase L-Bonds issued by GWG Holdings, Inc., but instead of purchasing the investment, he misappropriated $110,000. Customer asserts claims against Mr. McKiernan for negligence/failure to supervise and violations of the Wisconsin Uniform Securities Act.