Randall McGill Tied To Ausdal Financial Partners Investor Complaint About Unsuitable Investments

Investors apparently complained about securities broker Randall Earl McGill [CRD: 1309727, Homer Glen, Illinois], based on publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, McGill has worked for Ausdal Financial Partners Inc. since June 9, 2015, and was also registered as an investment adviser with the same firm in Davenport, Iowa, from June 15, 2015, to October 28, 2022. Keep reading to find out more about McGill’s disclosures and the client complaints reported on his record.

Ausdal Financial Partners Inc. Investor Accused McGill Of Unsuitable Recommendations

Particularly, a client filed a complaint about Randall McGill. The client alleged that McGill made unsuitable recommendations. Consequently, the investor allegedly incurred damages connected to GWG L-Bonds and stocks. For this reason, on June 23, 2024, Ausdal Financial Partners Inc. settled this matter by paying the client $17,000.00 in damages.

Randall McGill Disclosed Breach Of Fiduciary Duty Allegations By Ausdal Financial Partners Inc. Client

Also, a client of Ausdal Financial Partners Inc. disputed Randall McGill’s sales practices, according to a complaint. Allegedly, McGill gave unsuitable advice, breached his fiduciary duty, and failed to supervise, resulting in damages linked to GWG L-Bonds. As a result, Ausdal Financial Partners Inc. opted to settle the matter on October 30, 2024, by compensating the client totaling $23,000.00.

Ausdal Financial Partners Inc. Investor Accused McGill Of Failure To Perform Due Diligence

Additionally, a client filed a complaint about Randall McGill. Mainly, the client alleged that McGill failed to perform due diligence, breached his fiduciary duty, made unsuitable recommendations, and failed to supervise. Because of this, the client allegedly sustained damages on GWG L-Bonds. Therefore, on October 7, 2024, Ausdal Financial Partners Inc. settled this matter by paying the client $23,000.00 in damages.

Were You Impacted By Financial Advisor / Securities Broker Randall McGill?

Do you need clarification on any investment losses relating to Randall McGill? You should reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for clients throughout the United States. The firm also works through a contingency fee arrangement and advances all costs. McGill and brokerage firms McGill worked for deny all allegations of sales practice violations.