Mark Alan Haenny of Loveland Colorado a stockbroker formerly registered with First Allied Securities Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $55,000.00 in damages based upon accusations including negligence and unsuitable recommendations by Haenny as it pertained to LPs and DPPs during the period that he was registered with First Allied Securities. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-00193 (December 30, 2020). According to the claim, First Allied Securities failed to supervise Haenny’s activities. The claim also contains allegations of breach of fiduciary duty by the stockbroker resulting in damages.

FINRA Public Disclosure additionally shows that Haenny is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer was awarded $32,874.00 in compensatory damages based on Haenny and Charles Schwab Co. Inc. being found liable on the customer’s causes of action, including breach of fiduciary duty relating to equity transactions. The Statement of Claim alleges negligent misrepresentation, suitability, breach of contract, and the financial abuse of an elder person. Allegations also include the violation of FINRA rules, California and Colorado securities laws, Securities Exchange Act of 1934 Section 10(b), SEC Rule 10b-5, and Securities Act of 1933 Section 17(a).

Haenny was registered with First Allied Securities as a stockbroker between January 14, 2011, and February 10, 2017, and First Allied Advisory Services as an investment adviser representative between July 2, 2012, and February 10, 2017. He was registered with Cetera Advisors LLC as a stockbroker and investment adviser representative between January 9, 2017, and July 16, 2019. Since July 11, 2019, he has been registered as a stockbroker and investment adviser representative of LPL Financial LLC.

 

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