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Broker Misconduct Investigation: Donald Peabody (Umpqua Investments/Osaic Wealth)

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Updated on: February 18, 2025

National investment loss lawyers KlaymanToskes is investigating broker Donald Peabody (CRD# 2175218) of Osaic Wealth, Inc, and formerly of Umpqua Investments.

According to FINRA BrokerCheck, Donald Peabody of Osaic Wealth, Inc. is currently facing a pending customer complaint alleging $500,000 in investor damages due to unsuitable recommendations to invest in a real estate investment.

Investors that suffered losses with broker Donald Peabody are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Broker Donald Peabody Faces $500K Customer Complaint

Donald Peabody, a registered representative of Osaic Wealth, also previously affiliated with FSC Securities and Umpqua Investments, is facing a customer complaint alleging unsuitable investment recommendations concerning a real estate investment. The complaint is seeking $500,000 in investor damages. According to FINRA BrokerCheck, Peabody is currently registered as a broker and investment advisor with Osaic Wealth, Inc. in Coos Bay, OR. Peabody was previously associated with FSC Securities from January 2021 to November 2023, and with Umpqua Investments from 2002 to January 2021 in Coos Bay, OR.

Investment Losses with Broker Donald Peabody?

Investment Losses with Broker Donald Peabody?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Donald Peabody or have concerns regarding your investment portfolio at Umpqua Investments, Osaic Wealth, Inc., FSC Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.