Soreide Law Group is currently investigating potential claims on behalf of investors who have incurred losses due to the actions of securities broker Daniel Edward Brunette (also known as Dan Brunette) [CRD: 813924, Indianapolis, Indiana]. Daniel Brunette has been registered with Cetera Advisors LLC and Cetera Investment Advisers LLC since 2020 and 2022, respectively, and was previously affiliated with First Allied Securities Inc. and First Allied Advisory Services Inc. from 2012 to 2022. He disclosed client complaints alleging unsuitability, due diligence failures, and misrepresentation.
Specifically, a client filed a complaint about Daniel Brunette. Evidently, the client alleged that Brunette engaged in unsuitable recommendations, supervisory failures, and due diligence failures. Because of this, the client allegedly sustained damages on direct investments, specifically DPP and LP interests. Therefore, on June 24, 2022, First Allied Securities Inc. settled this matter by paying the client $12,500 in damages.
Also, a client of Northwestern Mutual Investment Services LLC contested Daniel Brunette’s sales practices, according to a complaint dated March 18, 2020. Supposedly, Brunette misrepresented the terms and performance of a variable life insurance policy. It appears that Brunette allegedly caused the client to sustain financial losses. Therefore, the client sought compensatory relief from Northwestern Mutual Investment Services LLC or Brunette in the amount of $3,034,852 in this matter. However, the complaint was ultimately denied.
Evidently, a client of Northwestern Mutual Investment Services LLC contested Daniel Brunette’s sales practices. Supposedly, Brunette misrepresented the nature of variable life insurance policies they purchased. Therefore, Northwestern Mutual Investment Services LLC opted to settle the matter on September 25, 2005, by compensating the client in the amount of $50,000.
Particularly, a client filed a complaint about Daniel Brunette. Evidently, the client alleged that Brunette used misleading sales materials and misrepresented a variable life insurance policy as a private pension plan. Because of this, the client allegedly sustained damages on the insurance policy. Therefore, on July 22, 2004, Northwestern Mutual Investment Services LLC settled this matter by paying the client $20,588.24 in damages.
Did you experience losses because of Daniel Brunette? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Brunette and brokerage firms he worked for deny accusations of sales practice violations.
The private market, once the exclusive playground of institutional investors, has increasingly opened its doors to individual investors seeking a piece of the next unicorn. Funds like the Advanced Technology Select Funds - targeting high-profile private companies such as Flexport, Plaid, and Cybereason - are a prime example of this trend. While the prospect of […]
Soreide Law Group, PLLC At Soreide Law Group, we help investors, shareholders, and publicly traded companies navigate the complex federal rules governing the resale of restricted or control securities. Our attorneys understand that clearing restrictive legends and ensuring compliance with Rule 144 or other resale exemptions can be time-sensitive and critical to protecting shareholder rights. […]
FINRA barred securities broker Emma Marie McAuley [CRD: 7178199, Auburn, Washington], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, McAuley worked for Edward Jones from November 4, 2019, to March 19, 2024. Keep reading to learn more about McAuley’s disclosures. FINRA Sanctioned McAuley For Failure To Respond Notably, on January 21, 2025, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com