Last Updated: August 2023 (Tifton, GA)
Darwin Junior Dees Investigation Summary
Here’s what you need to know about Tifton, GA, stockbroker Darwin Junior Dees:
- Name: Mr. Darwin Junior Dees
- Current Employer: Kovack Securities Inc. dba Dees Wealth Management
- Previous Firms: Cape Securities, Cape Investment Advisory Inc, GWN Securities, ING Financial Partners Inc, USAllianz Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Junior Dees
- Primary Location: Tifton, GA
- CRD 4662702
- Can Darwin Junior Dees be sued in FINRA arbitration: Yes
- Sanctioned by Regulators: Yes
- Pending Customer Dispute Seeks Damages of $162,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Darwin Junior Dees As Your Stockbroker?
Darwin Junior Dees has a pending customer complaint for alleged broker misconduct. In addition Darwin Dees discloses two regulatory matters and an outstanding judgment/lien.
In 11/2022 a customer of Cape Securities filed a FINRA arbitration alleging Darwin Dees made an unsuitable recommendation that the customer liquidate a security portfolio and purchase illiquid annuities which resulted in losses and capital gains tax liability. The customer seeks damages of $162,000 is this currently pending matter.
In 2009 Darwin Dees was suspended for 60 days and fined $5,000 by the Florida Department of Financial Services for failure to timely pay an administrative penalty.
In 2010 Darwin Dees was suspended for a year by the State of Georgia for failing to disclose the suspension imposed by the Florida Department of Financial Services.
Darwin Dees discloses a currently outstanding IRS tax lien in the amount of $100,255, filed in Cook County, GA.
Allegations of Broker Misconduct Against Darwin Junior Dees
Customers of Darwin Junior Dees have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Triggered unnecessary capital gains tax liability
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 Darwin Junior Dees, 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.
