Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Savaglia (Savaglia), previously associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Savaglia 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 $50,000.00 on January 17, 2023.
As per Cetera’s filing, Claimants allege they were recommended unsuitable investments, and failure to conduct adequate due diligence.