Brian Radoo, formerly with Next Financial Group, Barred by FINRA
Have you lost money with financial advisor Brian Radoo? We are looking into allegations made about Brian Radoo from North Woodmere, New York. FINRA (the Financial Industry Regulatory Authority) barred Brian Radoo from the securities industry. FINRA alleged that Brian Radoo failed to respond to its investigation. FINRA was investigating Radoo regarding allegations he engaged in an undisclosed outside business activity. Radoo has been alleged to sell investments in a cannabis cultivation company.
Brian Radoo was a financial advisor and registered representative of Next Financial Group from 2008 to December 2019. He worked in a branch office in North Woodmere, New York. He was also terminated by Next Financial Group. Radoo has also been the subject of six customer complaints.
Brokerage firms 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; Seattle, Washington; Denver, Colorado; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Next Financial Group.