David Arthur Hicks of Baltimore Maryland a stockbroker currently registered with Triad Advisors LLC is the subject of a customer initiated investment related complaint in which the customer sought $13,000.00 in damages based upon accusations that misrepresentations had been made by Hicks concerning real estate investment trust products he sold to the customer when associated with Triad Advisors LLC.
This is not the first time that Hicks has been accused of misconduct by a customer of a securities broker dealer. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on October 2, 2018, a customer filed an investment related complaint involving Hicks’ conduct where the customer requested $63,300.00 in damages supported by allegations that when Hicks was employed by H. Beck Inc., the real estate investment trust that he sold failed to be suitable; and since purchasing that product, the investment experienced declines in value and caused the customer to experience illiquidity issues.
Hicks’ employment with H. Beck Inc. was terminated on August 18, 2016. He has been registered with Triad Advisors since July 18, 2016.
