Can I recover losses from investments with former Voya Financial Advisors, Inc. broker Brock Brady (CRD# 4638576) related to real estate security losses? He was registered with Cetera Advisor Networks LLC in Bellevue, Washington, from 2021 to 2022. Previously, he was registered with Voya Financial Advisors, Inc. in Bellevue, Washington, from 2008 to 2021.
Brock Brady Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2022. “Claimant alleges that in 2016 the Representative misrepresented that certain investments, such as a Real Estate Investment Trust, were conservative, secure, and did not carry any significant risks, and the Claimant suffered estimated losses in excess of $270,000.” The customer is seeking $270,000 in damages, and the case is currently pending. The complaint was regarding real estate securities losses. The complaint took place while he was registered with Voya Financial Advisors, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Voya Financial Advisors, Inc. may be liable for investment or other losses suffered by Brock Brady’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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