RedFlags, Allegations and Complaints against ALLAN JOHN PROSKE
Disclosure #1 for ALLAN PROSKE
-
- eventDate: 12/23/2002
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Settled
- Disclosure Detail :: Allegations: PLAINTIFFS ALLEGE THAT AEFA AND PROSKE IN OCTOBER 2000, RECOMMENDED THEIR FUNDS BE INVESTED IN UNSUITABLE HIGH-RISK MUTUAL FUNDS. PLAINTIFFS ALLEGE UNSPECIFIED MARKET LOSS DAMAGES AND UNSPECIFIED PUNITIVE DAMAGES
- Settlement Amount: $60,000.00
- DisplayAAOLinkIfExists: Y
- Arbitration Docket Number: 181480798804
- Broker Comment: IN ORDER TO AVOID COSTS ASSOCIATED WITH ARBITRATION AEFA PAID SETTLEMENT OF $60,000.00 TO [CUSTOMER AND [OTHER CUSTOMER NAMED. PROSKE DID NOT CONTRIBUTE TO THE SETTLEMENT AMOUNT. [CUSTOMER AND [OTHER CUSTOMER NAMED IN TURN RELEASED AEFA AND PROSKE FROM ALL CLAIMS IN THIS MATTER. BEFORE GOING BEFORE AAA
- THIS MATTER ORIGINATED FROM SUPERIOR COURT OF NJ CASE NO. MRS-L-003103-03. AMENDMENT FILED BY FIRM ON 08/02/2012 TO REFLECT THAT THE DRP SHOULD NO LONGER APPEAR AS PENDING ON THIS RECORD.
Should I file a FINRA complaint against brokers like ALLAN JOHN PROSKE?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by ALLAN JOHN PROSKE’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About ALLAN JOHN PROSKE
What is ALLAN PROSKE’s Central Registration Depository (CRD) Number?
Which firm is ALLAN JOHN PROSKE associated with?
FIRST ALLIED SECURITIES, INC.
Where is ALLAN PROSKE located?
3425 ROUTE 9 NORTH SUITE 201, FREEHOLD, NJ, 7728
Where can I find more details about ALLAN PROSKE’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/32444 to read a detailed report for FIRST ALLIED SECURITIES, INC.
Are there any disclosures, allegations or complaints filed against ALLAN JOHN PROSKE?
Where can I download a detailed FINRA report for ALLAN PROSKE?
Is it safe to do business with ALLAN JOHN PROSKE?
We’re not sure. Please research ALLAN PROSKE’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:43 am
The views and opinions expressed in these articles are those of the source BrokerAudit.com and do not necessarily reflect the official position of ‘Skeptic Files’, which shall not be held liable for any inaccuracies presented. The information provided within this article is for general informational purposes only. While we try to keep the information up-to-date and correct, there are no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information in this article for any purpose.
This article is syndicated automatically through a third-party agency from BrokerAudit.com.
To view the original article at BrokerAudit.com, you can visit https://www.brokeraudit.com/allan-john-proske-first-allied-securities-inc/.
