Securities Lawyers Blog
The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that financial advisor John Holland (Holland), currently employed by Cetera Advisor Networks LLC (Cetera Advisor) has been subject to at least three customer complaints and two employment termination for cause during the course of his career. According to records kept by The Financial Industry Regulatory Authority (FINRA), Holland’s customer complaints alleges that Holland recommended unsuitable investments, negligence, and breach of fiduciary duty among other allegations of misconduct relating to the handling of their accounts.
In May 2019 a customer complained that Holland violated the securities laws by alleging breach of fiduciary duty and negligence. The claim alleges $1,000,000 in damages and is currently pending.
In August 2014 Securities Management & Research, Inc. (Securities Management) and BFC Planning Inc. (BFC Planning) discharged Holland alleging that he altered client documents.