Last Updated: November 2023 (New York, NY)
Daniel Reilly Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Daniel Reilly:
- Name: Mr. Daniel Patrick Reilly
- Current Employer: Revere Securities
- Previous Firms: Morgan Stanley, Merrill Lynch Pierce Fenner & Smith
- Function: Stock Broker/ Financial Advisor
- Aliases: Daniel Reilly
- Primary Location: New York, NY
- CRD 4752371
- Can Daniel Reilly be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Discharged by a prior employer: Yes
- Discloses Bankruptcy filing: Yes
- Highest Settlement or Award: $40,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Daniel Reilly As Your Stockbroker?
A customer of Morgan Stanley was paid $40,000 in 2018 to resolve allegations that Daniel Reilly made unauthorized trades in the customer’s account.
In 2016 a customer of Merrill Lynch was paid $16,727 to resolve similar allegations regarding unauthorized trading.
Morgan Stanley discharged Daniel Reilly in 2018. Morgan Stanley makes this allegation on Reilly’s FINRA record: “Allegations regarding the registered representative’s execution of trades in the account of a recently deceased client, which he stated were intended for other clients’ accounts on trade adjustment forms he submitted.
Daniel Reilly’s FINRA records disclose that he was discharged from Chapter 7 bankruptcy in 10/2018.
Allegations of Broker Misconduct Against Daniel Reilly
Customers of Daniel Reilly have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unauthorized Trading
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
See this for information on our investigations of Revere Securities brokers
If you have suffered investment losses in an account handled by Daniel Reilly, 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.
