Sean Aaron Brady (Sean Brady) – Financial Advisor/Broker Sean Brady Barred from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Sean Brady was a previously licensed financial advisor/broker with First Allied Securities, Inc. FINRA reports that Sean Brady was barred from the securities industry indefinitely in June 2018.
According to FINRA Allegations:
Brady consented to the sanction and to the entry of findings that he failed to provide FINRA with any of the information or documents requested during the course of an ongoing examination into possible sales practice violations committed by Brady while registered with a FINRA member firm.
According to Sean Brady’s CRD:
Nine customer disputes have been settled involving Sean Brady’s conduct. The six most recent include:
Customer Dispute 7/3/18: Claimant alleges that, from approximately 2012 to 2017, claimant’s registered represented made unsuitable recommendations on the basis of false account documents. The complaint alleges fraud, negligence, breach of fiduciary duty, unsuitability, and failure to supervise. This customer dispute was settled for $1,300,000.
Customer Dispute 7/2/18: Claimant alleges that RR misrepresented her net worth, completed paperwork on her behalf without permission, made an unsuitable recommendation, and made misrepresentations and omissions with respect to her investments from 2012. This customer dispute was settled for $274,000.
Customer Dispute 7/2/18: Claimant alleges that, in July 2013, claimant’s registered represented made an unsuitable recommendation on the basis of false account documents. The complaint alleges fraud, negligence, breach of fiduciary duty, unsuitability, and failure to supervise. This customer dispute was settled for $75,000.
Customer Dispute 6/29/18: Claimants allege that RR misrepresented their net worth, completed paperwork on their behalf without permission, and made misrepresentations and omissions with respect to their investments from 2012. This customer dispute was settled for $241,000.
Customer Dispute 6/28/18: Claimant alleges that, from approximately 2011 to 2015, claimant’s registered represented made unsuitable recommendations on the basis of false account documents. The complaint alleges fraud, negligence, breach of fiduciary duty, unsuitability, and failure to supervise. This customer dispute was settled for $55,000.
Customer Dispute 6/29/18: Claimants allege that, from approximately 2011 through 2015, claimants’ registered representative made unsuitable investments on the basis of incorrect account information. Claimants allege misrepresentation, unsuitability, failure to supervise, negligence, and breach of fiduciary duty. This customer dispute was settled for $769,000.
Goodman & Nekvasil, P.A. May Recover Investor Losses
If you lost money on investments with Sean Brady and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Sean Brady’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Sean Brady and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 9/17/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.