Former Cetera Advisors LLC Broker John Donoso REIT Losses

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Erez Law is currently investigating former Cetera Advisors LLC broker John Donoso (CRD# 4533488) regarding real estate investment trusts (REIT) losses. John Donoso has been registered with Newbridge Securities Corporation in Boca Raton, Florida and Elizabeth, New Jersey since October 2021. Previously, John Donoso was registered with Cetera Advisors LLC in Elizabeth, New Jersey from 2013 to 2021.

John Donoso Customer Complaints

John Donoso has been the subject of two customer complaints between 2012 and 2021, one of which was withdrawn, according to his CRD report:

December 2021. “Claimant alleges that their registered representative recommended unsuitable investments.” The customer is seeking $250,000 in damages and the case is currently pending.

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, Cetera Advisors LLC may be liable for investment or other losses suffered by John Donoso’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.