Advisor Alert: Our Attorneys Are Investigating Brian Joseph Dibrino For Investment Fraud
Did You Lose Money Because of Brian Dibrino?
Filed: January 16, 2024
Brian Dibrino has been the subject of one (1) termination event and two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Brian Joseph Dibrino .
Who Is Brian Joseph Dibrino of American Portfolios Financial Services, Inc.?
- Advisor Name: Brian Joseph Dibrino
- Aliases: Brian Dibrino
- CRD: 2837066
- Location: Fairfield, New Jersey
- Current Employer: American Portfolios Financial Services, Inc.
- Previous Firms: First Allied Advisory Services, Inc., First Allied Securities, Inc., and SII Investments, Inc.
- Number of Known Customer Complaints: 2
- Number of Known Termination Events: 1
- Can Brian Dibrino Be Sued: Yes, in Private Arbitration
- Can Brian Dibrino’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $125,000
- Highest Settlement: $1,500
If you have suffered investment losses by Brian Dibrino, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Brian Dibrino For Broker Misconduct
As of this publication date, Brian Dibrino has been the subject of 1 termination event and 2 customer disputes. Let’s review them below.
In July 2020, a FINRA arbitration was filed against or in reference to Brian Dibrino by multiple customers of First Allied Securities, Inc. and SII Investments, Inc. alleging that Mr. Dibrino recommended alternative investments that were not suitable for the clients. Clients generally allege misrepresentation, unsuitable recommendations, breach of fiduciary duty, failure to supervise, breach of contract and negligence. Per the customers, they lost over $125,000 because of Mr. Dibrino ’s actions. On March 31, 2022, Mr. Dibrino settled the claim for $1,500, and some or all of this amount may have been paid by Mr. Dibrino ’s employer and/or insurance carrier.
In July 2016, First Allied Securities, Inc. terminated Brian Dibrino for failing to follow firm policy by permitting a non-registered assistant to reuse client signatures and working in concert with the same assistant to alter client signed documents.
In April 2012, a FINRA arbitration was filed against or in reference to Brian Dibrino by a customer of SII Investments, Inc. alleging that Mr. Dibrino failed to report market losses to the client beginning in 2008 and mismanaged the client’s account. Per the customer, he lost over $70,000 because of Mr. Dibrino ’s actions.
How To File A Claim Against Brian Dibrino of American Portfolios Financial Services, Inc. (previously with First Allied Advisory Services, Inc., First Allied Securities, Inc., and SII Investments, Inc.) To Get Your Money Back
If you have questions about Brian Dibrino, American Portfolios Financial Services, Inc., First Allied Advisory Services, Inc., First Allied Securities, Inc., SII Investments, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.