Andrew David Schell of Colorado Springs, Colorado, a stockbroker formerly registered with D.A. Davidson Co., is the subject of a customer initiated investment related complaint that was settled on June 22, 2022, for $36,801.00 in damages based upon accusations that Schell made unauthorized options transactions when Schell was associated with D.A. Davidson Co.
FINRA Public Disclosure shows that Schell is referenced in sixteen more customer initiated investment related disputes concerning Schell’s activities while associated with securities broker dealers, including D.A. Davidson Co. On March 3, 2022, a customer initiated investment related complaint involving Schell’s conduct was settled for $25,842.34 in damages based upon allegations that Schell caused poor performance on stocks and options during the period that Schell was associated with D.A. Davidson Co.
On March 8, 2022, a customer initiated investment related complaint involving Schell’s activities was settled for $12,141.29 in damages based upon accusations that Schell recommended poorly performing equities and options during the time that Schell was associated with D.A. Davidson Co.
Public Disclosure shows that Schell is also referenced in a customer initiated investment related complaint that was settled on March 21, 2022, for $18,088.00 in damages based upon allegations that Schell made unauthorized transactions and failed to follow instructions of liquidating options and equities when Schell was associated with D.A. Davidson Co.
On May 31, 2022, another customer initiated investment related complaint involving Schell’s conduct was settled for $32,614.00 in damages based upon accusations that Schell made unauthorized transactions in connection with the recommendation and sale of options and stocks when Schell was associated with D.A. Davidson Co.
On February 28, 2022, D.A. Davidson Co. discharged Schell based upon allegations that Schell failed to report customer complaints and made unauthorized communications with customers.
