Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Cassedy (Cassedy), previously associated with First Allied Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cassedy 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 $210,000.00 on December 25, 2023.
Claimant alleges failure to properly allocate and diversify portfolio and failure to implement risk mitigation techniques from the inception of the account sometime in 2015 to May 2023. Mr.