Last Updated: October 2023 (New York, NY)
David Beach Investigation Summary
Here’s what you need to know about New York, NY, stockbroker David Beach:
- Name: Mr. David Martin Beach
- Current Employer: Finalis Securities LLC
- Previous Firms: Weild & Co., Emerson Equity LLC, Lampert Capital Markets
- Function: Stock Broker/ Financial Advisor
- Aliases: David Beach
- Primary Location: New York, NY
- CRD 2764171
- Can David Beach be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Discloses currently outstanding tax liens: Yes
- Terminated by prior employer: Yes
- Pending Customer Dispute Seeks Damages of $42,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David Beach As Your Stockbroker?
David Beach discloses a pending customer complaint by a customer of LaSalle St. Securities who alleges loss of account value and seeks damages of $42,000.
In 6/2023 David Beach was permitted to resign from Weild Capital LLC who makes the following allegation on his FINRA CRD: “Mr. Beach is under internal review for potential violations of Rule 3270 and/or 3280. The concern is that Mr. Beach may have failed to seek pre-approval for an entity which appears to have been established under a separate name and with a separate email domain to enter into the asset management business through the sponsorship of SPVs and/or Mr. Beach sponsored unapproved private securities transactions that were sponsored outside the approval process of the firm and without the knowledge and consent of management or Mr. Beach’s supervisors.”
David Beach discloses 11 currently outstanding judgement/liens on his CRD in favor of the Internal Revenue Service and New York State taxing authorities.
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 David Beach, 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.
