Gary Liska Facing Royal Alliance Investor Complaints

Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Gary Kendall Liska [CRD: 2512188, Los Angeles, California], given the disclosures on FINRA BrokerCheck. Evidently, Liska joined Signature Estate Investment Advisors LLC on May 12, 1997, and Signature Estate Securities LLC on August 16, 2023. Continue reading to learn more about Liska's disclosures.

Royal Alliance Associates Inc. Investor Accused Liska Of Mismanagement

Specifically, on May 11, 2022, a Royal Alliance Associates Inc. client filed a complaint about Gary Liska. Supposedly, Liska mismanaged the client’s account. Because of this, the client allegedly sustained damages on stocks, corporate bonds, and mutual funds. For this reason, the client requested $100,000 in compensation from Royal Alliance Associates Inc. or Liska.

Gary Liska Disclosed Unsuitable Recommendations Allegations By Royal Alliance Associates Inc. Client

Particularly, a client of Royal Alliance Associates Inc. contested Gary Liska's sales practices, according to a complaint dated December 20, 2021. Allegedly, Liska made misrepresentations and unsuitable recommendations of an options strategy and provided poor advice regarding the overall investment strategy. It appears that Liska caused the client to sustain damages. Consequently, the client sought compensatory relief from Royal Alliance Associates Inc. or Liska in the amount of $1,000,000 in this matter.

Royal Alliance Associates Inc. Investor Accused Liska Of Misrepresentation

Also, on July 21, 2020, a Royal Alliance Associates Inc. client filed a complaint about Gary Liska. Supposedly, Liska misrepresented an inherited annuity and made unsuitable sub-account choices. Because of this, the investor apparently incurred damages on variable annuities. Therefore, the client requested $33,000 in compensation from Royal Alliance Associates Inc. or Liska. However, the firm denied the complaint.

Did You Sustain Losses Because Of Securities Broker Gary Liska?

Did you experience losses because of Gary Liska? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk to a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has assisted hundreds of clients throughout the country, works on a contingency fee basis, and advances all costs. Liska and brokerage firms he worked for deny accusations of sales practice violations.