Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial advisor David Hirons (Hirons), currently employed by Wedbush Securities Inc. (Wedbush Securities), has been subject to at least four customer complaints and one termination for cause during the course of his career. Hirons’s customer complaints alleges that Hirons recommended unsuitable investments in various investments including equities, futures funds, and options.
In April 2018 Hirons was discharged by RBC Capital Markets, LLC when the firm alleged that he was terminated for violating the firm’s order execution policy.
In August 2019 a customer complained that Hirons violated the securities laws by alleging that Hirons made investments recommendations that the client alleges involved options trading from June 2018 until December 2018 resulted in liquidations and losing funds. The claim alleged $712,080 in damages and settled for $65,000.