Daniel Robert Murray of Brewster, New York, a stockbroker registered with Network 1 Financial Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $7,900.00 in damages based upon allegations that Murray made unsuitable recommendations of non-traded Real Estate Investment Trusts or REITs when Murray was associated with Network 1 Financial Securities Inc. FINRA Arbitration No. 21-02697 (January 30, 2023).
This is not the first time that Murray has been referenced in a customer initiated investment related dispute concerning Murray’s conduct in the securities industry. FINRA Public Disclosure shows that Murray was also referenced in a customer initiated investment related complaint that was settled on February 9, 2005, for $10,890.00 in damages based upon allegations that Murray engaged in unauthorized trading in over-the-counter equities during the time that Murray was associated with Benson York Group Inc.
On July 24, 2019, a customer initiated investment related FINRA securities arbitration claim involving Murray’s conduct was settled for $65,000.00 in damages based upon allegations that Murray breached his fiduciary duties and made unsuitable recommendations of stocks during the period that Murray was associated with Rockwell Global Capital LLC. FINRA Arbitration No. 16-01873.
Murray has been associated with Network 1 Financial Securities Inc. as a stockbroker since March 23, 2015.
