DID DANIEL M KING CAUSE YOU INVESTMENT LOSSES?
Daniel King Of Kingswood Capital Partners, LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Daniel King of Kingswood Capital Partners, LLC?
Daniel King (CRD #5954543) is currently registered with Kingswood Wealth Advisors, LLC as an investment advisor and Kingswood Capital Partners, LLC as a registered broker in San Diego, California. His career spans several years and includes previous registrations with firms like Benchmark Investments, LLC, Newbridge Securities Corporation, and others primarily in New York, New York. King has passed two general industry/product exams (Securities Industry Essentials Examination and General Securities Representative Examination) and two multi-state securities law exams (Uniform Investment Adviser Law Examination and Uniform Securities Agent State Law Examination). He is licensed in five U.S. states and territories.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Daniel King Customer Complaints and Reviews
King’s professional record includes several negative disclosures:
- Regulatory Events (3 incidents):
- In a finalized regulatory action by the Oklahoma Department of Securities, sanctions were sought due to unethical practices involving the unsuitable use of margin, leading to significant client costs. This was resolved through consent resulting in his withdrawal of registration in Oklahoma.
- Another final action by Maryland involved suspension and fines due to similar allegations concerning the unsuitable use of margin.
- Customer Disputes (2 incidents):
- A settled dispute from Newbridge Securities Corporation for $20,000 due to unsuitable investment recommendations.
- Another settled dispute with Legend Securities, Inc., resulting in a $12,000 settlement related to claims of failure to execute and unauthorized trading.
Allegations Against Daniel King
- Regulatory Actions:
- Daniel King consented to findings of violating FINRA Rules 2111 and 2010 by recommending the unsuitable use of margin, which significantly impacted two customers financially and ethically. This led to sanctions including suspension and fines.
- Customer Complaints:
- King faced allegations of making unsuitable recommendations that were not aligned with the clients’ investment objectives, resulting in financial losses for the clients and settlements in their favor.
Daniel King Red Flags & Your Rights As An Investor
Of course, Daniel King did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Daniel King at Kingswood Capital Partners, LLC on alert to review carefully the activity and performance of their accounts and question whether Daniel King has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Kingswood Capital Partners, LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Kingswood Capital Partners, LLC Due To Daniel King
If you have questions about Kingswood Capital Partners, LLC and/or Daniel King and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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