DID DANIEL MATTHEW LUNDQUIST CAUSE YOU INVESTMENT LOSSES?
Daniel Lundquist Of Ausdal Financial Partners, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct
About Daniel Lundquist Ausdal Financial Partners, Inc.?
Daniel Lundquist (CRD #2784929) has a longstanding career in the securities industry, currently registered as a broker and investment advisor with Ausdal Financial Partners, Inc. since April 2011. His career includes previous affiliations with multiple firms such as LPL Financial LLC, Independent Financial Partners, and Sheridan Road Advisors, LLC. Lundquist has passed two general industry/product exams and two multi-state securities law exams, indicating a strong foundation in securities knowledge. He is licensed in 17 U.S. states and territories, reflecting a broad geographical scope of service.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Daniel Lundquist Customer Complaints and Reviews
Daniel Lundquist’s BrokerCheck record includes notable negative disclosures:
- Customer Dispute (Settled): This dispute involved allegations of unsuitable investment and lack of due diligence related to the purchase of GWG L Bonds in March 2021. The complaint, received on February 26, 2024, was settled for $30,000, with Lundquist personally contributing $27,000 to the settlement.
- Customer Dispute (Pending): Another dispute, received on September 6, 2023, alleges breach of fiduciary duty, negligence and negligent misrepresentation, breach of contract, failure to supervise, and violation of Regulation Best Interest (Reg BI) related to the same GWG L Bonds. This complaint is currently pending.
Allegations Against Daniel Lundquist
- Settled Allegations:
- Unsuitable investment and lack of due diligence concerning GWG L Bonds, resolved through a monetary settlement where Lundquist contributed significantly to the resolution.
- Pending Allegations:
- Breach of fiduciary duty, negligence, negligent misrepresentation, breach of contract, and failure to supervise, all concerning the recommendation and oversight of investments in GWG L Bonds. These allegations are pending resolution through FINRA arbitration.
Daniel Lundquist Red Flags & Your Rights As An Investor
Of course, Daniel Lundquist 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 Lundquist at Ausdal Financial Partners, Inc. on alert to review carefully the activity and performance of their accounts and question whether Daniel Lundquist has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ausdal Financial Partners, Inc. also raises questions about the brokerage firm’s 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 Ausdal Financial Partners, Inc. Due To Daniel Lundquist
If you have questions about Ausdal Financial Partners, Inc. and/or Daniel Lundquist 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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