Theresa Allen (also known as Theresa Binkley and Theresa Givens), of Newport Beach, California, a stockbroker formerly registered with First Republic Securities Company LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $1,750,000.00 in damages based upon allegations that Allen engaged in unauthorized trading and made the unsuitable investment recommendation of corporate bonds and stocks when Allen was associated with First Republic Securities Company LLC. FINRA Arbitration No. 24-00770 (April 11, 2024).
FINRA Public Disclosure shows that Allen is referenced in five other customer initiated investment related disputes totaling more than $3 Million concerning Allen’s conduct while associated with securities broker dealers. On September 5, 2023, a customer initiated investment related FINRA securities arbitration claim involving Allen’s conduct was settled for $250,000.00 in damages based upon allegations that Allen made the unsuitable investment recommendation of First Republic Bank preferred stock during the time that Allen was associated with First Republic Securities Company LLC. FINRA Arbitration No. 23-01942.
On August 11, 2023, another customer filed an investment related complaint involving Allen’s conduct in which the customer requested $1,070,000.00 in damages based upon allegations that Allen engaged in unauthorized trading in over-the-counter equities when Allen was associated with RBC Capital Markets LLC. The complaint was denied on December 19, 2023.
Allen is also referenced in a FINRA securities arbitration claim in which the customer requested $325,000.00 in damages based upon alleged unsuitable advice when Allen was associated with First Republic Securities Company LLC. FINRA Arbitration No. 24-00102 (January 16, 2024).
On August 25, 2023, another customer filed an investment related FINRA securities arbitration claim involving Allen’s conduct in which the customer requested $691,000.00 in damages based upon alleged unsuitable investment recommendations during the time that Allen was associated with First Republic Securities Company LLC. FINRA Arbitration No. 23-02333.
Allen is also referenced in a FINRA securities arbitration claim in which the customer requested $1,070,000.00 in damages based upon allegations that Allen made unsuitable investment recommendations in stocks. FINRA Arbitration No. 24-00106 (January 18, 2024).
Allen was associated with First Republic Securities Company LLC in Newport Beach, California from July 9, 2010, to May 18, 2023. He has been associated with RBC Capital Markets LLC in Newport Beach, California, since April 24, 2023.
