You may be able to bring a claim against FSC Securities for Brian Presley alternative investment recommendations. We are Chicago-based securities attorneys who represent investors who have lost money because of brokers like Brian Presley. A broker such as Presley has an obligation to only recommend a security that is suitable for his client. If he does not, his firm may be responsible for losses. Please call 312-332-4200 today to find out how to sue FSC Securities on a contingency fee basis. The call to us is free with no obligation. Mr. Presley was accused of allegedly breaching his duties to clients in illiquid investments including oil and gas and non-traded real estate investment trusts (REITs) and other alternative investments. These investments come with high costs and have historically underperformed even safe benchmarks, like U.S. Treasury bonds. These investments can be illiquid and high-risk. Your broker must take into account factors such as your age, net worth and investment objectives before recommending these investments. Otherwise, his firm may be liable for losses.
Brian Presley was registered with Cooper Street Securities from January 1983 until January 1987, and Advantage Capital Corp in Punta Gorda, Florida from January 1987 until February 2009. He is currently registered with FSC Securities in Punta Gorda, Florida and has been since February 2009. He has eight customer disputes against him, some of which alleged misrepresentation, negligence, sale of unsuitable securities and breach of various duties in sale of investments.
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