Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerry Brierly (Brierly), previously associated with Royal Alliance Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Brierly 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 $5,000.00 on March 07, 2022.
Client alleges that the representative failed to understand the tax ramifications of terminating an annuity resulting in early distribution penalties as well as a sizeable tax liability.