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Royal Alliance Associates Inc. Investment Attorney

Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as Royal Alliance Associates Inc. (Royal Alliance). Many investors do not realize when their advisors engage in securities misconduct and those that do are often hesitant to seek help. Securities related misconduct spans many issues but violates various industry rules including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.

Royal Alliance is affiliated with, under common control, or otherwise performs business under the company names Integrated Investments, Inc., Pacific Alliance Securities Corporation, and SAA Financial Inc.

Royal Alliance – By the Numbers:

  • CRD# 23131
  • SEC# 8-40218
  • 30 Regulatory Events
  • 21 Customer Complaints
  • Total Revenues: $388 million - 2012
  • Total Client Assets: $53 billion – 2013
  • Representatives: 1,918 - 2013

Royal Alliance – In the News:

In re Royal Alliance Securities, Inc., S.E.C. Release No. 59830 (Apr. 28, 2009) – The Securities and Exchange Commission (SEC) fined Royal Alliance $500,000 and disgorgement of $1 million concerning allegations that the firm failed reasonably to supervise one of its brokers with a view to preventing and detecting his violations of the federal securities laws. The SEC alleged that the broker operated a Ponzi scheme and defrauded at least 28 investors by lying about purchases and sales of securities, by misappropriating funds for his personal use, and by sending investors false statements.

In re Non-Traded REITs - The Massachusetts Secretary of the Commonwealth fined five independent brokerage firms more than $9.5 million for improperly selling non-traded REITs. The firms fined are Ameriprise Financial Services Inc.; Commonwealth Financial Network; Royal Alliance Associates, $59,000 in restitution and a $25,000 fine; Securities America, and Lincoln Financial Advisors Corp. In a statement the secretary stated that their investigation showed a pattern of impropriety in the sales of these popular but risky investments on the part of independent brokerage firms.

In re Royal Alliance Associates, Inc. - The Connecticut Banking Commissioner ordered Royal to pay an administrative penalty of $750,000. The commissioner alleged that a broker with Royal Alliance in Stamford, Connecticut recommended and sold Coyote Network Systems, Inc. (Coyote) stock to clients and that sales were incorrectly marked “unsolicited”; Royal Alliance failed to review the due diligence conducted by the broker, Royal Alliance failed to determine if the sales of Coyote securities were suitable, and Royal Alliance failed to determine whether there were conflicts of interest between Coyote and the broker.

Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.

Client Reviews
Thank you Adam and all your colleagues for the professionalism and diligence in the final settlement of our securities fraud case. When a past law firm group turned our case down, you and your firm took on the case and we thank you for the great outcome. We would highly recommend your firm. Gloria K.
I will never forget how much you helped me by winning my case! I never thought I would see any money from my investment. I admire the way you fight for everyday people against big companies. Thank you so much! Myra W.
Adam is an outstanding lawyer. I have worked on several cases with Adam and look forward to working with him again in the future. Rob D. - Co-Counsel.
If you want an attorney that is easy to talk to and genuinely cares about your legal situation, contact Adam Gana. He helped me settle a difficult contract dispute. When you work with Adam, he makes you feel as if you are his top priority. He will call you regularly to stay on top of the situation and submits all necessary legal documentation in a timely manner. His writing is excellent, his demeanor professional, and his work exceptional. Nancy N.
Adam helped me recover money from my broker when I thought all was lost. My house was about to be foreclosed, and I lost everything. Adam came in and saved my life. Jean C.