DID ROBERT ANTHONY DALY CAUSE YOU INVESTMENT LOSSES?
Robert Daly formerly with Xtellus Capital Partners, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
About Robert Daly formerly with Xtellus Capital Partners, Inc.?
Robert Daly (CRD #3111426) has over two decades of experience in the securities industry. He has worked with five different brokerage firms, including Bear Stearns & Co., UBS Financial Services, J.P. Morgan Securities, Morgan Stanley, and Xtellus Capital Partners. His tenure at these firms spans from 1998 to 2024, with his most recent registration being at Xtellus Capital Partners (May 2023 – October 2024). Daly has passed two general industry/product exams (Series 7 and SIE) and two state securities law exams (Series 63 and 65). He currently holds no active registrations, as his broker status is not active. His employment history includes roles as a Financial Advisor and Managing Director, mainly at major firms like Morgan Stanley and J.P. Morgan. His employment with Morgan Stanley ended in March 2023, and he transitioned to Xtellus Capital Partners and Xtellus Advisors LLC shortly thereafter.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Robert Daly Customer Complaints and Reviews
Robert Daly’s report contains two customer disputes:
- Customer Dispute July 17, 2024
- Complaint: Misrepresentation of liquidity restrictions on recommended hedge fund investments.
- Outcome August 5, 2024: Denied by the firm with no specified damages.
- Customer Dispute September 20, 2024
- Complaint: Claims that purchases of First Republic Bank shares were not in the client’s best interest.
- Status: Pending resolution, with no specified damage.
Allegations Against Robert Daly
- Misrepresentation Allegations (July 2024): The customer alleged that Daly misrepresented liquidity terms associated with hedge fund investments. The firm ultimately denied the claims, and the case was closed with no action taken.
- Interest Misalignment Allegations (September 2024): In this pending dispute, clients allege that Daly’s recommendations to purchase shares of First Republic Bank were not aligned with their best interests. The complaint remains unresolved as of the report date.
Robert Daly Red Flags & Your Rights As An Investor
Of course, Robert Daly 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 Robert Daly at Xtellus Capital Partners, Inc. on alert to review carefully the activity and performance of their accounts and question whether Robert Daly has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Xtellus Capital 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 Xtellus Capital Partners, Inc. Due To Robert Daly
If you have questions about Xtellus Capital Partners, Inc. and/or Robert Daly 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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