Last Updated: April 2024 (Cotopaxi, Colorado)
David Kaiser Investigation Summary
Here’s what you need to know about Cotopaxi, CO stockbroker David Kaiser:
- Name: Mr. David Lloyd Kaiser
- Current Employer: Cambridge Investment Research, Cambridge Investment Research Advisors (RIA)
- DBA: PInnacor Financial Group, Financial Planning Alternatives
- Previous Firms: Securities America, Financial Network Investment Corp.
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: David Kaiser
- Primary Location: Cotopaxi, CO
- CRD 2461995
- Can David Kaiser be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of Unspecified Amount of Damages
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David Kaiser As Your Stockbroker?
In 2/2024 a customer of Cambridge Investment Research filed a FINRA arbitration alleging that David Kaiser made an investment recommendation for the purpose of generating high commissions and fees and that Claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio. The Statement of Claim seeks compensatory damages, statutory damages, interest, attorney’ s fees, expert witness fees, forum fees and punitive damages. No specific amount is stated in this pending matter.
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability
Allegations of Broker Misconduct Against David Kaiser
A customer of David Kaiser has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation made for purpose of generating high commissions and fees
[LEARN MORE]: What is Excessive Trading (Churning)?
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
[LEARN MORE]: Investigations of other Cambridge Investment Research brokers
If you have suffered investment losses in an account handled by David Kaiser, 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.