Options for Clients of Cetera Advisors LLC Broker Patricia Gleason
Posted on Monday, June 14th, 2021 at 6:30 pm
There are options for clients of Cetera Advisors LLC broker Patricia Gleason (CRD# 2811669) who suffered investment losses. Gleason has been registered with Cetera Advisors LLC in Orlando, Florida since 2009.
Gleason has been the subject of four customer complaints between 2005 and 2021, two of which were denied, according to her CRD report:
February 2021. “Claimants allege that their registered representative recommended unsuitable alternative investments.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint was regarding direct investments and real estate securities and the complaint took place while Gleason was registered with Cetera Advisors LLC.
April 2019. “Unsuitable investments, excessive commissions, mismanagement, and churning.” The case was settled for $25,000. The complaint was regarding direct investments and common and preferred stocks and the complaint took place while Gleason was registered with Cetera Advisors LLC.
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 Gleason’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.