Daniel M. King, of Melville, New York, a stockbroker formerly registered with Brookville Capital Partners, has been named in a customer initiated investment related arbitration claim on May 1, 2017, in which the customer requested $59,330.70 in damages based upon allegations that he solicited customers’ investments for products they were not suitable for, and led the customers to incur losses.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that King has been identified in two customer initiated investment related disputes containing allegations of his misconduct while employed with Legend Securities. Particularly, on January 20, 2017, a customer initiated investment related arbitration claim involving King’s conduct was settled for $12,000.00 in damages based upon allegations that he effected unauthorized over-the-counter equity trades in the customer’s account, and failed to execute upon the customer’s instructions.
Further, on April 15, 2017, a customer filed an investment related arbitration claim regarding King’s activities, where the customer requested $49,000.00 in damages based upon allegations that King made guarantees to the customer pertaining to investment returns, and made stock recommendations to the customer that were inappropriate given the customer’s account profile.
King has been registered with Newbridge Securities Corporation on November 30, 3016. Since August 8, 2011, King has been associated with four different broker dealers, three of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct. #cockroach
Guiliano Law Group
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