Last Updated: March 2025 – Malvern, PA
David Stecz Investigation Summary
Here’s what you need to know about Malvern, PA, stockbroker David J. Stecz:
- Name: Mr. David Joseph Stecz
- Current Employer: Vanguard Advisers, Inc.; Vanguard Marketing Corporation
- Function: Stockbroker / Financial Advisor
- Primary Location: Malvern, PA
- CRD#: 6792836
- Can David Stecz be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Highest Settlement or Award: $26,422
If you’ve sustained damages from Mr. Stecz, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David Stecz As Your Stockbroker?
A customer complaint was filed on August 14, 2024, against David Stecz, relating to activity while he was registered with Vanguard Advisers, Inc. The clients alleged that Stecz did not inform them that signing up for Vanguard Personal Advisor Services would initiate transactions, resulting in unintended trades and capital gains. The matter was settled on October 29, 2024, for $26,422.
The complaint stemmed from trades involving Equity-OTC securities and a Money Market Fund.
Allegations of Broker Misconduct Against David Stecz
Customers of David Stecz have alleged the following misconduct in connection with their investment accounts:
- Failure to Disclose Transactional Consequences:
- Unintended Trades
Mr. Stecz remains currently registered with Vanguard Advisers, Inc. and Vanguard Marketing Corporation in Malvern, PA. He is registered in both Pennsylvania and Texas.
The Financial Industry Regulatory Authority (FINRA) licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers to disclose customer disputes, arbitration claims, and any settlements, even if the broker is not found personally liable.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by David J. Stecz, 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.