Gary Liska, Signature Estate Securities Broker Faces Options Trading Claims
The White Law Group is investigating complaints involving Gary Kendall Liska, a broker currently registered with Signature Estate Securities, LLC in Los Angeles, California. A customer reportedly filed a new FINRA dispute against Liska in March 2026 alleging unsuitable options trading and a failure to supervise his account. Here is what is on his FINRA record and what your options may be if you invested through him.
If you lost money working with Gary Liska or another financial advisor, The White Law Group’s FINRA arbitration attorneys may be able to help you pursue a recovery.
Gary Liska Complaints: What’s on His FINRA Record
Gary Liska (CRD #2512188) has spent 32 years in the securities industry. He reportedly works as a broker for Signature Estate Securities, LLC, and has been dually registered as an investment adviser representative with the firm’s affiliated RIA, SEIA, since 1997. According to his BrokerCheck record, Liska has been the subject of four customer disputes since 2020, and all four involve allegations of unsuitable investment recommendations or misrepresentation.
- March 16, 2026 (pending): A customer alleges unsuitable options trading and a failure to supervise, seeking $500,000.
- May 11, 2022 (denied): A customer alleged losses tied to Liska’s judgment and management of the account, seeking $100,000.
- December 20, 2021 (denied): A customer alleged misrepresentation and unsuitability involving an options strategy and broader investment advice, seeking $1,000,000.
- July 21, 2020 (denied): A customer alleged misrepresentation of an inherited annuity and unsuitable sub-account selections, seeking $33,000.
Three of the four disputes involve allegedly unsuitable options trading or strategies, a pattern that spans Liska’s time at both Osaic Wealth and Signature Estate Securities. The 2022 and 2021 disputes were formally denied, and the March 2026 claim remains pending and unresolved.
Signature Estate Securities, LLC and SEIA
Liska has been registered with Signature Estate Securities, LLC since August 2023, after previously working at Osaic Wealth from 2018 to 2023 and Signator Investors from 1994 to 2018. He has held his investment adviser registration with SEIA since 1997. Other Signature Estate-affiliated brokers have faced similar allegations; The White Law Group is also investigating complaints against Christopher Gardner, another Signature Estate Securities advisor accused of recommending unsuitable options trades.
Frequently Asked Questions
How do I file a claim to recover money invested through Gary Liska?
Most brokerage account agreements typically include a pre-dispute arbitration clause, something many retail investors don’t realize until they need to file a claim. That means disputes like these are usually resolved through FINRA arbitration rather than in court, and arbitration can still result in a monetary recovery. An attorney can review your account records and help you determine whether you have a claim.
What does “unsuitable” options trading mean, and why does it matter?
An unsuitable recommendation is one that doesn’t match a client’s investment objectives, risk tolerance, or financial situation. Options trading carries risks that can be inappropriate for retirees or investors seeking capital preservation, so recommending it to the wrong client can violate FINRA’s suitability rules and lead to outsized losses.
Can Signature Estate Securities be held responsible for Liska’s actions?
Brokerage firms have a duty to supervise their representatives, including reviewing the trades and strategies they recommend to clients. If Signature Estate Securities knew or reasonably should have known about unsuitable options trading in a client’s account and failed to act, the firm may be liable for failing to supervise.
Contact The White Law Group
The White Law Group is a national securities fraud law firm with offices in Chicago and Seattle. If you invested with Gary Kendall Liska or Signature Estate Securities and believe you suffered losses due to unsuitable investment advice, contact our FINRA arbitration attorneys for a free consultation. Call (888) 637-5510 or visit our contact page to get started.
