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Read MoreRita Mansour: $150K Complaint Against McDonald Partners Advisor
Toledo, Ohio financial advisor Rita Mansour (CRD# 1968418) recently received an investor complaint alleging that her advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that she is currently registered as a broker and an investment advisor with McDonald Partners.
Ms. Mansour’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in February 2024, alleges that as a representative of McDonald Partners, she recommended an unsuitable investment in a private offering and did not disclose or accurately disclose all material facts related to the product. The pending complaint alleges damages of $150,000.
In a statement included with the complaint’s disclosure, Ms. Mansour denied some of the allegations against her. “I deny the allegations that I did not disclose, and did not accurately disclose, all material facts in connection with claimant’s investment in a private placement offering, and did not provide updates and other documents after claimant made the investment,” she states.
A second investor complaint, filed in 2022, alleged that as a McDonald Partners representative, she did not accurately disclose all material facts related to a private offering investment. In 2023 the complaint reached a settlement of $262,500.
A third investor complaint, filed in 2020, similarly alleged that she failed to accurately disclose all material facts connected with a private offering. In 2022 the complaint reached a settlement of $175,000.
A fourth investor complaint, also filed in 2020, alleged that she recommended unsuitable investments and failed to accurately disclose material facts related to the products. The complaint reached a settlement of $225,000.
According to the Financial Industry Regulatory Authority, Rita Mansour holds 34 years of securities industry experience. Based in Toledo, Ohio, she has been a broker and an investment advisor with McDonald Partners since 2006. Her past registrations include McDonald Investments (Toledo, Ohio; 1997-2006), Painewebber (Weehawken, New Jersey; 1990-1997), and Shearson Lehman Hutton (New York, New York; 1989-1990). Her credentials include the passage of ten securities industry qualifying exams: the General Securities Sales Supervisor Examination (Options Module & General Module), or Series 8; the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; the Securities Industry Essentials Examination, or SIE; the Operations Professional Examination, or Series 99TO; the Investment Banking Registered Representative Examination, or Series 79TO; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. She currently holds 38 state licenses. (Information current as of March 31, 2024.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.
