Ronald Reed McCook of Scottsdale Arizona a stockbroker currently employed by First Allied Securities Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $1,000,000.00 in damages based upon accusations including (1) fraud (2) failure to supervise (3) omissions and misrepresentation (4) breach of fiduciary duty (5) breach of contract (6) over-concentration and (7) negligence relating to the customer’s real estate security and variable annuity investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-01349 (Apr. 17, 2018).
FINRA Public Disclosure additionally reveals that on July 26, 2012, a customer filed an investment related complaint involving McCook’s conduct in which the customer sought $17,000.00 in damages founded on allegations that while McCook was associated with National Planning Corporation, McCook failed to inform the customer about the tax consequences relating to an annuity transfer.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
