Two Customer Complaints Made Against Former First Allied Securities Involving Joseph Langlois

SAN DIEGO, CALIFORNIA

Have you lost money investing in real estate investments with Joseph Langlois? The securities fraud and arbitration law firm of Israels & Neuman is looking into allegations made against the former First Allied Securities advisor in San Diego, California.  According to FINRA’s BrokerCheck, Joseph Langlois has been the subject of two customer complaints, one of which was made in December 2021.  Both of the customer complaints allege that he and First Allied Securities made unsuitable investment recommendations to invest in REITs, or real estate investment trusts. 

The most recent complaint alleges $870,000 in damages, while the other complaint settled in 2019.  The complaints allege conduct regarding Joseph Langlois while he was registered with First Allied Securities, which was from 2010 to December 2015.  He now works for DFPG Investments.  Langlois worked in a branch office in San Diego, California.

Securities brokerage firms have duties to make investment recommendations which are suitable to customers, pursuant to FINRA Rule 2111.  REITs may not be suitable for investors looking for safe or secure investments.

Click to view:  Langlois, j BrokerCheck 3.22.22

If you lost money with Joseph Langlois, First Allied Securities, or DFPG Investments, please Contact Us at 720-599-3505 or 206-795-5798 for a free evaluation of your case.