Warning to Investors About Donna Hines and Cetera Advisors: REIT Sale Complaints

Stoltmann Law Offices is investigating Donna Hines, a registered representative with Cetera Advisors in Weston, West Virginia since 2013. Hines is accused of misrepresenting and omitting material facts and acting negligently in connection with the sale of various alternative products, including a SunAmerica variable annuity and non-traded real estate investment trusts (REITs). REITs tend to be risky and illiquid investments, not suitable for all investors. A broker must do her due diligence before making investment recommendations to clients. She must take into account the client’s net worth, age and investment objectives, among other things, so as not to breach fiduciary duty. If she does not, her brokerage firm can be held responsible for money losses for not properly supervising her.

Hines was registered with Edward Jones in St. Louis, Missouri from November 2000 until November 2003, Sammons Securities Company in Ann Arbor, Michigan from November 2003 until November 2005 and Investment Planners in Weston, West Virginia from March 2005 until October 2013. She is currently registered with Cetera Advisors in Weston, West Virginia and has been since October 2013. She has three customer disputes against her, all of which are currently pending. If you invested money with Donna Hines and would like to recover your investment losses, you may be able to by bringing a claim against Cetera Advisors for not supervising Hines properly. We bring claims against brokerage firms in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis to help retail investors recover losses. Please call us today. The call is free.

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