Last Updated: January 2024 (Kerrville, Texas)
David Wampler Investigation Summary
Here’s what you need to know about Kerrville, TX, stockbroker David Wampler:
- Name: Mr. David Allen Wampler
- Current Employer: Moloney Securities Co. , Moloney Securities Asset Management (RIA)
- DBA: Heritage Investment Management
- Previous Firms: RBC Dain Rauscher
- Function: Stock Broker/ Financial Advisor/Registered Investment Advisor
- Aliases: David Wampler
- Primary Location: Kerrville, Texas
- CRD 2906256
- Can David Wampler be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $100,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David Wampler As Your Stockbroker?
A customer of Moloney Securities Co. filed a FINRA arbitration in 4/2023 alleging that David Wampler was negligent and made an unsuitable recommendation to invest in corporate debt causing losses of $100,000. This matter is currently pending.
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. FINRA Rule 2111- suitability
Allegations of Broker Misconduct Against David Wampler
A customer of David Wampler has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Negligence
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 Wampler, 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.
