Gary Kendall Liska of Los Angeles, California, a stockbroker registered with Royal Alliance Associates Inc., was the subject of a customer initiated investment related complaint filed on May 11, 2022. In this complaint, the customer requested $100,000.00 in damages based upon allegations that Liska mismanaged the customer’s account in connection with the sale of mutual funds, equities, and corporate bonds during the time that Liska was associated with Royal Alliance Associates Inc. The complaint was denied.
This is not the first time that Liska has been referenced in a customer initiated investment related dispute concerning Liska’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Liska was also referenced in a customer initiated investment related complaint filed on July 21, 2020. In this complaint, which was denied, the customer requested $33,000.00 in damages based upon allegations that Liska misrepresented a variable annuity and engaged in unsuitable trading during the time that Liska was associated with Royal Alliance Associates Inc.
On December 20, 2021, another customer filed an investment related complaint involving Liska’s conduct in which the customer requested $1,000,000.00 in damages based upon allegations that Liska made unsuitable recommendations and misrepresentations of material fact about an options strategy when Liska had been associated with Royal Alliance Associates Inc. The complaint was also denied as frivolous.
Liska has been associated with Signature Estate Securities Inc. in Los Angeles, California since August 16, 2023, as a stockbroker, and associated with SEIA in Los Angeles, California since May 12, 1997, as an investment advisor representative. Liska was previously associated with OSAIC Wealth Inc. in Los Angeles, California from November 2, 2018, to August 23, 2023.
