Danny Jerome Young (also known as Danny Young), of Adel, Georgia, a stockbroker formerly registered with Voya Financial Advisors Inc., is identified in a customer initiated investment related FINRA securities arbitration claim in which customers requested $800,000.00 in damages based upon accusations that Young sold unsuitable real estate securities while he was registered with Voya Financial Advisors. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-00913 (April 12, 2021). The claim alleges that investments were inconsistent with with the customers’ investment objectives and tolerance for risk.
Young has been identified in two other customer initiated investment related disputes regarding allegations of Young’s misconduct when he was employed by ING Financial Partners Inc. FINRA Public Disclosure shows that a customer filed an investment related complaint involving Young’s conduct where they sought compensatory damages supported by accusations of unsuitable sales of variable annuities and equity-indexed annuities during the time that Young was associated with ING Financial Partners. The complaint alleges that the annuities contained long surrender charges, which posed a problem for the customer, given their age.
Young is also referenced in a customer initiated investment related written complaint in which the customer requested $7,195.62 in damages founded on allegations of Young failing to tell the customer important information about the guarantees relating to an annuity. According to the complaint, the customer was not made aware of the need to wait until the annuity either came out of the surrender period or was annualized to receive the full value of his investment.
Young was registered with Voya Financial Advisors as a stockbroker between March 16, 2006, and June 11, 2021, and registered with Voya Financial Advisors as an investment adviser representative between January 12, 2010, and June 11, 2021. Since June 7, 2021, Young has been registered with Cetera Advisor Networks as a stockbroker and investment adviser representative.