Last Updated: May 2024 (Mesa, Arizona)
Daryl Calton Investigation Summary
Here’s what you need to know about Mesa, AZ, stockbroker Daryl Calton:
- Name: Mr. Daryl Ray Calton
- Current Employer: Not Currently Registered with FINRA
- Previous Firms: Calton & Associates, First Affiliated Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Daryl Calton
- Primary Location: Mesa, AZ
- CRD 1002304
- Can Daryl Calton be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulator: Yes
- Highest Settlement or Award: $14,999
- Pending Customer Disputes Seek Damages of More than $300,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Daryl Calton As Your Stockbroker?
Two customers of Calton & Assoc. have filed claims alleging that Daryl Calton made unsuitable recommendations to invest in real estate investment trusts (REITs) and real estate securities. One customer seeks damages of between $50,000- $99,000 and the other, a widow, is seeking $236,200. Both cases are currently pending.
Calton settled another case involving real estate securities for $14,999.
[LEARN MORE]: See this for more information on REITs and Other Alternative Investments
Early in his career the Arizona Corporation Commission fined Calton $250 and suspended him alleging that he fraudulently misrepresented the safety of certain bonds.
Allegations of Broker Misconduct Against Daryl Calton
Customers of Daryl Calton have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations to invest in REITs and real estate securities
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Investigations of other Calton & Associates brokers
If you have suffered investment losses in an account handled by Daryl Calton, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.