Last Updated: November 2023 (Marietta, GA)
David Nicholas Investigation Summary
Here’s what you need to know about Marietta, GA, stockbroker David Nicholas:
- Name: Mr. David Alexis Nicholas
- Current Employer: World Equity Group, Nicholas Wealth Management (RIA)
- DBA: Nicholas and Company, BluePath Capital, AnnuityUSA
- Previous Firms: Taylor Capital Management (TCM)
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisors
- Aliases: David Nicholas
- Primary Location: Marietta, GA
- CRD 5211508
- Can David Nicholas be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $50,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David Nicholas As Your Stockbroker?
David Nicholas has 2 customer complaint settlements on his FINRA record. They were brought by customers of Taylor Capital Management and involved real estate securities and annuities. One settled for $50,000 and the other settled for $40,000.
Allegations of Broker Misconduct Against David Nicholas
Customers of David Nicholas have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- 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 David Nicholas, 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.
