Israels & Neuman, PLC Investigates Ronald McCook, of First Allied Securities and Formerly of National Planning Corp.
Have you lost money with financial advisor Ronald R. McCook (CRD# 4155186), of First Allied Securities, in Scottsdale, Arizona? We are investigating allegations of former customers related to Ronald McCook. Ronald McCook’s BrokerCheck report, a public record maintained by FINRA, states that McCook has been the subject of three customer complaints, two of which were filed within the last three years. The recent complaints allege that McCook made unsuitable recommendations to invest in alternative investments, including non-traded investments like REITs and private placements.
Ronald McCook has been a registered representative of First Allied Securities from October 2014 to the present. He was previously affiliated with National Planning Corp. from 2009 to October 2014. McCook has worked in offices in Scottsdale, Arizona.
Brokerage firms like First Allied Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Phoenix, Arizona; Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Arizona. Attorney Aaron Israels is licensed to practice law in Arizona. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against First Allied Securities.