First Allied Securities, Inc.

Affirm Your Rights With Investment Fraud Attorneys

First Allied Securities, Inc. is a privately-held company that operates throughout the a full-service broker-dealer. Founded in 1994, First Allied is a subsidiary of Advanced Equities Financial Corp. Its primary function is to support higher-producing independent financial professionals. Headquartered in San Diego, the firm has nearly 1,000 financial advisors in 500 branch offices. If you have suffered losses because of the fraudulent actions of a First Allied broker, an investment fraud lawyer at Meyer Wilson could provide you with the representation to recover your losses.

First Allied Securities, Inc. Misconduct

First Allied has a recent history of investor complaints. In 2014, four investors brought a complaint against First Allied concerning broker Amram Yahalom’s sale of stock in Luxtera, a technology start-up. Yahalom sold Luxtera on a valuation that was more than 20 times its projected revenue for 2008. The investors argue that Yahalom was deceptive and negligent in his selling of Luxtera, which violates FINRA’s requirements for due diligence.

The Financial Industry Regulatory Authority (FINRA) makes First Allied Securities legally responsible for its brokers. Investors have the legal right to suitable financial recommendations that align to their interests, so if a broker offers negligent or unlawful investment advice, his or her firm may be held responsible for any damages the investor suffers. Losses as a result of broker misconduct can be recouped by the firm by which the broker is licensed.

We Can Help You Pursue an Investor Claim

If you have suffered losses due to an unethical First Allied Securities broker, you need experienced attorneys on your side to recover your losses. Meyer Wilson attorneys won our clients over $350 million in arbitration awards against investment firms, so we have the proven expertise and resources to provide the representation you need. We conduct arbitration through FINRA and the American Arbitration Association (AAA) for clients nationwide and internationally.

To determine whether you have a case against First Allied Securities, Inc. for your losses, call us or complete our online form to request a free case evaluation.

The Meyer Wilson Way

Results-Focused Representation
  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for over Ten Years Running
  • David Meyer is the Immediate Past-President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

We Recover Investment Losses

Helping You Take Back What Is Yours
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million

Talk to Our Team

Get Started with a Free Evaluation
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.