Last Updated: October 2023 (Lakewood, CO)
Daniel Werts Investigation Summary
Here’s what you need to know about Lakewood, CO, stockbroker Daniel Werts:
- Name: Mr. Daniel Werts
- Current Employer: Madison Avenue Securities, AE Wealth Management (RIA), dba Federal Benefits Made Simple An E.A. Buck Company
- Previous Firms: Cabot Lodge Securities, CL Wealth Management
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Lakewood, CO
- CRD 6610699
- Can Daniel Werts be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $1,157,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Daniel Werts As Your Stockbroker?
In 4/2023 a customer of Cabot Lodge Securities filed a FINRA arbitration alleging that with regard to investments in GWG L-Bonds , Daniel Werts breached his fiduciary duty, violated FINRA Rules 2010, 2020, 2111.05(a) and 3110. Damages of $1,157,000 are sought in this currently pending matter.
Allegations of Broker Misconduct Against Daniel Werts
A customer of Daniel Werts has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in GWG L-Bonds
- Violation of FINRA Rules
- Breach of Fiduciary Duty
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
If you have suffered investment losses in an account handled by Daniel Werts, contact us for a complimentary consultation with an experience 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.
