Last Updated: January 2024 (New York, NY & Miami, FL)
Dave Stone Investigation Summary
Here’s what you need to know about New York, NY & Miami, FL, stockbroker David Stone:
- Name: Mr. Richard David Stone
- Current Employer: Stifel Nicolaus & Co.
- Previous Firms: Morgan Stanley, Citigroup Global Markets
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Dave Stone, David Stone
- Primary Location: New York, NY & Miami, FL
- CRD 4219856
- Can Dave Stone be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $ 1 to $5 Million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Dave Stone As Your Stockbroker?
A customer of Stifel Nicolaus filed a FINRA arbitration in 10/2023 alleging that Dave Stone breached his fiduciary duty, violated the New Jersey uniform securities law and the Florida Securities and Investor Protection Act , F.S. 517, causing damages of $1,000,000-$5,000,000. This matter is currently pending.
Allegations of Broker Misconduct Against Dave Stone
A customer of Dave Stone has alleged the following wrongdoing in connection with the handling of customer accounts:
- Breach of Fiduciary Duty
- Negligence
- Fraud
- Breach of Contract
- Violations of New Jersey and Florida securities laws
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
Our Investigations of other Stifel Nicolaus brokers
If you have suffered investment losses in an account handled by Dave Stone, 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.
