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COMPLAINTS Against JOHN DONOSO of Cetera Advisors
ELIZABETH, NEW JERSEY
Have you lost money in structured financial products with financial advisor John Donoso, formerly with Cetera Advisors in Elizabeth, New Jersey? Our securities and investment fraud law firm is looking into allegations made against John Donoso, who has been the subject of two customer complaints, one of which was made in December 2021. The December 2021 complaint makes allegations that Donoso recommended unsuitable real estate investments.
John Donoso had been Cetera Advisors from April 2013 to October 2021. He has been with Newbridge Securities Corp. from October 2021 to the present. He has worked at branch offices in Elizabeth, New Jersey.
Brokerage firms like Cetera Advisors 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 Seattle, Washington; Denver, Colorado; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New Jersey. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Cetera Advisors.
Click to view: Donoso, John BrokerCheck 1.5.22