Last Updated: March 2024 (Houston, TX)
Davie Ambrose Investigation Summary
Here’s what you need to know about Houston, Texas, stockbroker Davie Ambrose:
- Name: Mr. Davie B. Ambrose
- Current Employer: PFS Investments, Primerica Client Services
- DBA: David B. Ambrose LLC
- Function: Stock Broker/ Financial Advisor
- Aliases: David Bailey Ambrose, Davie Ambrose
- Primary Location: Houston, TX
- CRD 1580051
- Can Davie Ambrose be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Has Outstanding Judgment/Lien: Yes
- Pending Customer Dispute Seeks Damages of $300,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Davie Ambrose As Your Stockbroker?
A customer of PFS Investments filed a case in Harris County, TX, in 4/2023 alleging that Davie Ambrose invested the customer’s funds in products without the client’s understanding or direction and seeks damages of $300,000 in this pending matter
Other Cases Involving Unauthorized Trading
Discretionary vs. Non-Discretionary Accounts
Allegations of Broker Misconduct Against Davie Ambrose
A customer of Davie Ambrose have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unauthorized Trading
- Did not explain investment to customer
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 Davie Ambrose, 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.
