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. 

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

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"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."

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

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• Class Action Petition (April 7, 2020)

• Defendant First Allied Securities, Inc.'s Answer to Class Action Petition (September 28, 2020)

• Defendants Sean Brady and Investment Concepts' Answer to Class Action Petition (September 28, 2020)

• Order Granting Plaintiff's Motion for Class Certification (July 2, 2021)

• Class Notice

• Opt-Out Form

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

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