DID B DAVID GOLDSTEIN CAUSE YOU INVESTMENT LOSSES?
David Goldstein Of Securities America, Inc. And Formerly With Western International Securities, Inc. Has 8 Customer Complaints For Alleged Broker Misconduct
About David Goldstein of Securities America, Inc.?
David Goldstein (CRD #1718066 ) has experienced a tumultuous career in the financial services industry, characterized by a significant number of customer disputes and multiple firm changes, which might raise red flags for potential clients. Currently registered with Securities America, Inc. and WealthPlan Partners in Rancho Mirage, CA since June 2022, his career has included various roles across several states, showing a broad yet potentially problematic footprint in the sector. Despite passing one principal/supervisory exam and two general industry/product exams, Goldstein’s professional trajectory has been overshadowed by a troubling track record of customer grievances.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
David Goldstein Customer Complaints and Reviews
- Customer Dispute (Settled)
- Date of Incident: June 20, 2023
- Settlement Amount: $26,000
- Allegations: Negligence and negligent misrepresentation involving corporate debt products, suggesting a lack of due diligence or miscommunication.
- Customer Dispute (Settled)
- Date of Incident: April 4, 2023
- Settlement Amount: $30,000
- Allegations: Similar accusations of negligence and misrepresentation regarding corporate debt products, indicating a possible pattern of disregard for client investment suitability.
- Customer Dispute (Pending)
- Date of Incident: March 29, 2024
- Allegations: Misrepresentation involving corporate debt products, with substantial alleged damages of $230,000, further exemplifying a history of potentially misleading clients.
Allegations Against David Goldstein
- Negligence: Repeated instances where Goldstein’s actions or inactions may have failed to meet the necessary care required by financial advisors.
- Negligent Misrepresentation: Accusations that Goldstein provided incorrect or misleading information about the nature or benefits of investment products.
- Unsuitable Recommendations: Allegations suggest that investment recommendations made by Goldstein were not aligned with the clients’ investment objectives or risk tolerances.
- Misrepresentation: Ongoing claims that Goldstein misrepresented investment products, which could significantly impact a client’s financial strategy and outcomes.
- Goldstein’s career is marked by serious and repeated allegations that question his adherence to industry standards and his commitment to client best interests, highlighting the risks potential clients might face.
David Goldstein Red Flags & Your Rights As An Investor
Of course, David Goldstein 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 David Goldstein at Securities America, Inc. and Western International Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether David Goldstein has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Securities America, Inc. and Western International Securities, 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.
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 Securities America, Inc.Due To David Goldstein
If you have questions about Securities America, Inc., Western International Securities, Inc. and/or David Goldstein 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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