Last Updated: March 2025 (Pleasant Hill, CA)
Joseph A. Darracq Investigation Summary
Here’s what you need to know about Pleasant Hill, CA, stockbroker Joseph A. Darracq:
- Name: Mr. Joseph Andre Darracq
- Current Status: Not currently registered
- Prior Employers:
- Kestra Investment Services, LLC (02/2013 – 06/2021)
- Lincoln Financial Advisors Corporation (06/1998 – 02/2013)
- The Lincoln National Life Insurance Company (12/2001 – 04/2006)
- Cigna Financial Advisors, Inc. (05/1984 – 06/1998)
- Function: Stockbroker / Financial Advisor
- Primary Location: Pleasant Hill, CA
- DBA: D A Financial Group
- CRD Number: 1250533
- Can Joseph Darracq be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Largest Award or Settlement: $94,000
- Pending Customer Dispute Seeks Damages of : $40,000
If you’ve sustained damages from Mr. Darracq, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Joseph Darracq As Your Stockbroker?
A pending FINRA arbitration case has been filed against Joseph A. Darracq by a customer of Lincoln Financial Advisors alleging unsuitable investment recommendations in oil & gas securities. Damages of $40,000 are sought.
Past Settlement Case:
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- Allegation: Breach of fiduciary duty involving real estate limited partnerships
- Filed: February 27, 1992
- Settlement Amount: $94,000
- Court Case: CIV-S-92 313 LKK GGH, U.S. District Court of Eastern California
Under FINRA Rule 2111, brokers must ensure that investment recommendations are suitable for a client’s financial profile and risk tolerance. The pending and settled cases against Darracq raise concerns about misconduct in investment recommendations.
Allegations of Broker Misconduct Against Joseph Darracq
Customers have reported the following allegations against Joseph A. Darracq:
- Unsuitable Investment Recommendations:
- Recommended high-risk oil & gas investments
- Breach of Fiduciary Duty
- Failure to Act in Clients’ Best Interests:
Given these serious allegations, investors should carefully assess whether their accounts were handled appropriately.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Joseph A. Darracq, 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.