Last Updated: September 2023 (Wynantskill, NY)
David Reo Investigation Summary
Here’s what you need to know about Wyantskill, NY, stockbroker David Reo:
- Name: Mr. David Anthony Reo
- Current Employer: Innovation Partners LLC , IP Financial Advisory dba Reo Financial Services
- Previous Firms: Summit Financial Group, Cetera Investment Advisers, J.P. Turner & Co.
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Wyantskill, NY
- CRD 2113425
- Can David Reo be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement: $75,000
- Discharged by a Prior Employer: 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 Reo As Your Stockbroker?
David Reo discloses two prior customer disputes including a FINRA arbitration brought by a customer of Innovation Partners who alleged that Reo made unsuitable recommendations to invest in UITs and limited partnerships. The case was settled for $75,000.
David Reo has been discharged by two of the prior firms he worked for. IN 2016 he was discharged by Summit Brokerage Services who allege that Reo submitted account paperwork for supervisory review that contained non-original client signatures in violation of firm policy. In 1993 he was discharged from American Capital Corp. who alleged improprieties in connection with a client annuity.
Allegations of Broker Misconduct Against David Reo Customers of David Reo have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- 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 Reo, 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.
