In the continuing series about allegations of atrocities perpetrated by First Allied Securities and unsuitable coercion in the Financial industry. Here’s a peek at what will be accessed in the next module.
– Next he demanded I shut down my Behavioral Science Research Institute, started in 6/04 when, for all intents and purposes, I left the securities industry. He said, “it was previously approved, only as a courtesy but now the firm is under scrutiny”. “Not my fault your M&A strategy has been undermined by previous supervision issues and bankruptcies.” I replied.
– The next day Scott Raider’s supervisor, Ryan Maul, called to say they spoke several times to all of my four clients “all of whom loved you (me)” but Scott Raider came up with a time and price concerns. I immediately talked with my clients about the action. Recollections were much different than those Ryan’s Mauls purported.
– Another client said, “allegation over discretionary trades or unsuitable investments are ridiculous, because my (his) wife, the primary contact gave consent on all trades at First Allied Securities, First Montauk, Merrill Lynch, Painewebber, and she wasn’t even called by Scott Raider or Ryan Maul over their alleged actions.” Most clients were with similar outraged!