Daryl Tomobu Serizawa (also known as Daryl Serizana), of Irvine, California, a stockbroker registered with Woodbury Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $335,875.45 in damages based upon allegations that Serizawa made the unsuitable investment recommendation of direct investments when Serizawa was associated with Woodbury Financial Services Inc. FINRA Arbitration No. 19-03595 (February 16, 2021).
This is not the only time that Serizawa has been referenced in a customer initiated investment related dispute concerning Serizawa’s conduct in the securities industry. FINRA Public Disclosure shows that Serizawa was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $22,000.00 in damages based upon allegations that Serizawa engaged in excessive trading in municipal bonds when Serizawa was associated with Wachovia Securities LLC. FINRA Arbitration No. 04-02990 (December 20, 2004).
On March 23, 2005, another customer filed a complaint involving Serizawa’s conduct in which the customer requested $119,754.88 in damages based upon allegations that Serizawa made unsuitable recommendations during the time that Serizawa was associated with UBS Financial Services Inc. This complaint was denied.
Serizawa was associated with Woodbury Financial Services Inc. in Irvine, California, from August 10, 2017, to January 19, 2024. He has been associated with Osaic Wealth Inc. in Irvine, California, since January 19, 2024.
