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First Allied Class Action 

Williams Dirks Dameron, along with its co-counsel, filed suit against First Allied Securities, Inc. and Sean Brady. The case alleges that Plaintiff purchased variable annuities and/or direct participation program securities from Defendant Sean Brady while he was affiliated with Defendant First Allied Securities as a financial advisor and that Defendant Sean Brady allegedly engage in a sales scheme which violated Missouri law. The case also alleges that Defendant First Allied Securities failed to properly oversee and monitor the offering and sale of variable annuities and non-traded REITs and create safeguards to protect the customers. 

The Court has granted Plaintiff's Motion for Class Certification for the following class:

"those clients of Sean Brady and First Allied Securities (including non-traded REITs during the time period of January 1, 2010, until the date of the termination of Sean Brady's affiliation with First Allied securities."

To view the Court's Order, Class Notice or Opt-Out form, please click the links below.

If you have questions or need additional information about the lawsuit, please contact us at (816) 945-7110 or

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