Increasing Investor Claims Against Theresa Allen
Theresa Allen, (also known as Theresa Binkley) formerly registered with First Republic Securities Company, is facing multiple investor claims alleging unauthorized trading, unsuitable investment recommendations, and misconduct involving corporate bonds and stocks. The allegations against Allen paint a concerning picture, with clients seeking substantial damages for losses they endured while entrusting their financial livelihood to their broker. If you or someone you love invested with Theresa Allen and incurred losses, please don’t hesitate to reach out to a legal expert. Our securities fraud attorneys are dedicated exclusively to this kind of work here at Meyer Wilson.
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$350 Million for Our Clients Nationwide.
Investor Concerns: A Closer Look at Theresa Allen
- A customer has filed a securities arbitration claim against Allen, requesting $1,750,000 in damages for unauthorized trading and unsuitable investment recommendations involving corporate bonds and stocks.
- According to FINRA’s Public Disclosure, Theresa Allen is referenced in five other customer-initiated investment-related disputes totaling more than $3 Million.
- On September 5, 2023, a claim against Allen was settled for $250,000 based on allegations of unsuitable investment recommendations.
- On August 11, 2023, another customer filed a claim requesting $1,070,000 in damages for unauthorized trading in over-the-counter equities.
- Theresa Allen is also facing a claim for $325,000 in damages based on alleged unsuitable advice while associated with First Republic Securities Company LLC.
- On August 25, 2023, a customer filed a claim requesting $691,000 in damages for alleged unsuitable investment recommendations.
Recover Your Investment Losses with Meyer Wilson
At Meyer Wilson, our team of experienced securities attorneys understands the complexities of the financial industry and the devastating impact that broker misconduct can have on individuals and their investments. We are dedicated to protecting the rights of investors and holding stockbrokers accountable for their actions.
We handle all kinds of investment misconduct, including:
- Unauthorized trading
- Excessive trading (churning)
- Unsuitable investment recommendations
- Failure to disclose material information
- Misrepresentation of investment risks
- Breach of fiduciary duty
Our attorneys have a proven track record of success in recovering losses for clients who have been wronged by stockbrokers like Theresa Allen. We meticulously investigate each case, gather evidence, and build a strong legal strategy to ensure our clients receive the compensation they deserve. If you have suffered losses due to the actions of Theresa Allen or another stockbroker, do not hesitate to seek legal assistance. Contact Meyer Wilson today at 866-938-2021 to discuss your potential case. Our knowledgeable attorneys will provide a free, confidential consultation and guide you through the legal process.
Written By: Courtney Werning
Recovering Losses Caused by Investment Misconduct.