Advisor Alert: Our Attorneys Are Investigating Francis Joseph Dougherty For Investment Fraud
Did You Lose Money Because of Francis Dougherty of Prudential Financial Planning Services?
Filed: October 20, 2023
Francis Dougherty has been the subject of one (1) customer complaint. 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 Francis Joseph Dougherty.
Who Is Francis Joseph Dougherty of Prudential Financial Planning Services and Pruco Securities, LLC?
- Advisor Name: Francis Joseph Dougherty
- Aliases: Francis Dougherty
- CRD: 4821828
- Location: Marlton, New Jersey
- Current Employer: Prudential Financial Planning Services and Pruco Securities, LLC
- Previous Firms: BCG Securities, Inc. and Voya Financial Advisors, Inc.
- Number of Known Customer Complaints: 1
- Can Francis Dougherty Be Sued: Yes, in Private Arbitration
- Can Francis Dougherty’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $185,000
If you have suffered investment losses by Francis Dougherty, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud 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 Francis Dougherty For Broker Misconduct
As of this publication date, Francis Dougherty has been the subject of 1 customer dispute. Let’s review it below.
In January 2021, a FINRA arbitration was filed against or in reference to Francis Dougherty by a customer of LPL Financial LLC and Voya Financial Advisors alleging that Mr. Dougherty recommended large concentrations of illiquid REITs that were unsuitable for the claimant’s risk tolerance. Per the customer, he/she lost over $1,000,000 due to Mr. Dougherty’s actions. On December 20, 2021, Mr. Dougherty settled the claim for $185,000, and some or all of this amount may have been paid by Mr. Dougherty’s employer and/or insurance carrier.
In December 2020, a FINRA arbitration was filed against or in reference to Francis Dougherty by a customer of LPL Financial LLC alleging that Mr. Dougherty recommended unsuitable investments from sales in 2015. Per the customer, he/she lost over $1,000,000 due to Mr. Dougherty’s actions.
In November 2020, a FINRA arbitration was filed against or in reference to Francis Dougherty by a customer of LPL Financial LLC alleging that Mr. Dougherty recommended unsuitable alternative investments from July 2015 to November 2020. Per the customer, he/she lost over $1,000,000 due to Mr. Dougherty’s actions. On December 20, 2021, Mr. Dougherty settled the claim for $140,000, and some or all of this amount may have been paid by Mr. Dougherty’s employer and/or insurance carrier.
How To File A Claim Against Francis Dougherty of Prudential Financial Planning Services and Pruco Securities, LLC (previously with BCG Securities, Inc. and Voya Financial Advisors, Inc.) To Get Your Money Back.
If you have questions about Francis Dougherty, Prudential Financial Planning Services, Pruco Securities, LLC, BCG Securities, Inc., Voya Financial Advisors, 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.