Last Updated: April 2025 – Crystal River, FL
Here’s what you need to know about Crystal River, FL stockbroker Glenn Allen Donnell:
- Name: Mr. Glenn Allen Donnell
- CRD Number: 2239397
- Current Status: Not currently registered with any FINRA firm
- Prior Employers: Sigma Financial Corporation , Securities America, Inc.; Investacorp, Inc.; Merrill Lynch; Argus Securities, Inc.; Chatfield Dean & Co., Inc.
- Function: Stockbroker / Financial Advisor
- DBA: Investors Choice Financial Group, Inc.
- Primary Location: Crystal River, FL
- Sanctioned by FINRA: Yes
- Customer Disputes: Yes, Two pending cases.
If you’ve sustained damages from Mr. Donnell, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Glenn Donnell As Your Stockbroker?
Three customer disputes have been reported. Two remain pending, including a $36,000 claim brought by a customer of Investacorp alleging unsuitable investment recommendations in annuities. IN the other, a customer of Merrill Lynch seeks $11,000 and alleges misleading safety assurances about investments.
A third claim, brought by a customer of Merrill Lynch alleged that Donnell made an unauthorized investment in their account in an unsuitable investment. That claim was denied by the firm and the customer apparently did not file a FINRA arbitration or otherwise pursue the matter.
A regulatory action, filed against Glenn Donnell by FINRA (Case No. 2021072340501), was finalized in 8/ 2024. FINRA alleged that Donnell was exercising discretion in customer accounts without prior written authorization and mismarking solicited trades as unsolicited in marijuana-related OTC securities. This conduct occurred while Donnell was registered with Investacorp, Inc., Securities America, Inc., and Sigma Financial Corporation. Sanctions include a $12,500 fine and a four-month suspension (August 19, 2024 – December 18, 2024).
Allegations of Broker Misconduct Against Glenn Donnell
Clients and regulatory bodies have alleged the following misconduct involving Mr. Donnell:
- Exercising discretionary authority without written consent in violation of FINRA Rule 2510(b
- Misrepresenting solicited trades as unsolicited
- Providing false statements to his firm regarding the nature of trade orders
- Making unsuitable investment recommendations
- Failing to disclose investment risks
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Cambridge Investment Research brokers
If you have suffered investment losses in an account handled by Glenn Allen Donnell, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.