DID DANIEL TODD LERNER CAUSE YOU INVESTMENT LOSSES?
Daniel Lerner Of David Lerner Associates, Inc. Has 13 Customer Complaints For Alleged Broker Misconduct
Who is Daniel Lerner of David Lerner Associates, Inc.?
Daniel Lerner (CRD #1255769) who is currently registered with David Lerner Associates, Inc. and located in White Plains, New York is a subject of one of our many securities industry sales practice abuse investigations.
Daniel Lerner Customer Complaints
Daniel Lerner has been the subject of 13 customer complaints that we know about, 10 of those complaints were filed in the last year to recover investment losses. Three of Daniel Lerner’s 13 customer complaints were settled in favor of investors. Five of Daniel Lerner’s customer complaints were denied and, to date, the customers have not taken any further action. There are currently 5 pending customer complaints filed against Daniel Lerner’s current employer David Lerner Associates, Inc. for investment losses caused by the alleged misconduct.
Allegations Against Daniel Lerner
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable investment recommendation related to private placement investment in Energy 11
- Misrepresentations related to private placement investment in Energy 11
- Breach of Fiduciary Duty and Breach of Contract related to private placement investment in Energy 11
- Unauthorized trade related to private placement investment in Energy 11
- Unsuitable investment recommendation related to private placement investment in Energy Resources 12
- Misrepresentations related to private placement investment in Energy Resources 12
- Breach of Fiduciary Duty related to private placement investment in Energy Resources 12
- Unauthorized trade related to private placement investment in Energy Resources 12
- Unsuitable investment recommendation related to private placement investment in Great Art Fund
- Misrepresentations related to private placement investment in Great Art Fund
- Breach of Fiduciary Duty related to private placement investment in Great Art Fund
Daniel Lerner Red Flags & Your Rights As An Investor
Of course, Daniel Lerner 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 Lerner at David Lerner Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Daniel Lerner has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at David Lerner Associates, Inc. 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.
File A Claim To Recover Your Investment Losses At David Lerner Associates, Inc. Due To Daniel Lerner
If you have questions about David Lerner Associates, Inc. and/or Daniel Lerner 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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