DID DAVIN J CAREY CAUSE YOU INVESTMENT LOSSES?
Davin Carey Of Avantax Investment Services, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
About Davin Carey of Avantax Investment Services, Inc.?
Davin Carey (CRD #5413012) is a broker registered with Avantax Investment Services, Inc., among other Avantax entities, since 2007, located in Oxnard, California. Carey has passed three general industry/product exams and two multi-state securities law exams but has not completed any principal/supervisory exams. He is currently licensed in 19 U.S. states and territories. His extensive registration across multiple states and his long-term affiliation with Avantax highlight his established presence in the financial advisory field.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Davin Carey Customer Complaints and Reviews
Davin Carey has two reported customer disputes:
- First Dispute (Settled):
- Allegations: The client alleged that Carey recommended investments in Direct Participation Programs (DPP) and Limited Partnership (LP) interests that were unsuitable.
- Outcome: The dispute was settled for $41,000, with the settlement date on June 12, 2023. Carey contributed $0 to the settlement.
- Second Dispute (Pending):
- Allegations: Like the first, involving unsuitable investment recommendations.
- Alleged Damages: $125,000.
- Current Status: The complaint is pending as of April 16, 2024.
Allegations Against Davin Carey
- Settled Dispute:
- Details: Accused of recommending unsuitable DPP and LP interests, which the client claims were not aligned with their investment goals.
- Resolution: Settled for $41,000 without Carey’s financial contribution.
- Pending Dispute:
- Details: Again, accused of recommending unsuitable investments in DPP and LP interests.
- Status: Still under review with potential damage claims at $125,000.
Davin Carey Red Flags & Your Rights As An Investor
Of course, Davin Carey 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 Davin Carey at Avantax Investment Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Davin Carey has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Avantax Investment Services, 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 Avantax Investment Services, Inc. Due To Davin Carey
If you have questions about Avantax Investment Services, Inc. and/or Davin Carey 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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