Last Updated: September 2023 (San Antonio, Texas)
David Carlock Investigation Summary
Here’s what you need to know about San Antonio, Texas, stockbroker David O. Carlock:
- Name: Mr. David Overton Carlock
- Current Employer: Kestra Investment Services LLC dba PlanWell Private Wealth Services
- Previous Firms: Raymond James & Assoc., MHN Government Services
- Function: Stock Broker / Financial Advisor
- Aliases: None
- Primary Location: San Antonio, Texas
- CRD #5040696
- Can David Overton Carlock be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Has Customer Made Complaint vs. David Overton Carlock? Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David O. Carlock As Your Stockbroker?
In March 2023, a customer of his prior employer Raymond James & Associates filed a written complaint with the company alleging that David Overton Carlock made an unauthorized trade in the customer’s account causing damages of $26,073.
The company denied the complaint and as of this date the customers have not pursued the matter further.
Allegations of Broker Misconduct Against David Carlock
A customer of David Overton Carlock has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unauthorized trading
Follow this link to read about other actual cases involving unauthorized trading.
I Think My Account Has Been Mishandled. Should I Try to Settle My Case Directly with the Company?
From time to time, we encounter situations where a customer has attempted to resolve their complaint for wrongdoing by dealing directly with the company. In virtually every situation we have seen, the company either denies the complaint, ie: “We did nothing wrong” or the company attempts to settle the case for a fraction of what it is worth.
Unless your complaint is very small, say $10,000 or less, in our opinion you are only wasting your time by dealing directly with the company. If you have meaningful damages we suggest you locate and hire a knowledgeable securities attorney as soon as you identify a problem.
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 Overton Carlock, 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.