Last Updated: June 2024 (Richland, WA/ Portland, OR)
Tyson William Allred Investigation Summary
Here’s what you need to know about Richland, WA/ Portland, OR stockbroker Tyson William Allred:
- Name: Tyson William Allred
- Current Employer: LPL Financial LLC
- Prior Employers: U.S. Bancorp Investments
- DBA: Members Financial Services
- Function: Stockbroker / Financial Advisor
- Primary Location: Richland, WA, Portland, OR
- CRD Number: 3081010
- Can Tyson William Allred be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of: $1,529,600
If you’ve sustained damages from Mr. Allred, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Tyson William Allred As Your Stockbroker?
Several customers have filed complaints against Tyson William Allred. Allegations include making specific assurances regarding investments that did not hold up. In a currently pending case the customer was told by Allred the investments recommended involved protected principal and a fixed 2.75% return after two years. Damages of $1,529,600 are sought in this pending case.
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against Tyson William Allred
Allegations
Customers of Tyson William Allred have alleged the following wrongdoing in connection with the handling of customer accounts:
- Specific assurances of principal protection and fixed returns
- Misrepresentation and omission of material facts
- Unsuitable investment recommendations
Detailed Information
Brokers and their firms have a duty to comply with FINRA rules, including the suitability rule (FINRA Rule 2111) and the obligation to observe high standards of commercial honor and just and equitable principles of trade (FINRA Rule 2010). Allegations such as unsuitable recommendations and misrepresentation suggest potential violations of these obligations.
Structured Products: Sometimes referred to as market-linked investments, Structured Products are pre-packaged investments whose performance is linked to an underlying asset, product or index. ( a single security, basket of securities, options, indicies, commodities, debt issuance, foreign currencies or derivatives). See this for FINRA’s Investor Insights “Understanding Structured Notes with Principal Protection”
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Tyson William Allred, 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.