Securities Lawyers Blog
Advisor David Miller (Miller), currently employed by PeachCap Securities, Inc. (PeachCap Securities) has been subject to at least seven customer complaints during the course of his career. According to a BrokerCheck report the customer complaints concerns alternative investments such as direct participation products (DPPs) like non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and equipment leasing programs. The attorneys at Gana Weinstein LLP have represented dozens of investors who suffered losses caused by these types of high risk, low reward products.
In October 2019 a customer complained that Miller violated the securities laws by alleging that Miller engaged in sales practice violations related to mismanagement of her accounts from October 2015 to October 2016. The claim alleges $43,541 in damages and is currently pending.
In August 2019 a customer complained that Miller violated the securities laws by alleging that Miller made investment recommendations that the investor was unhappy with. The claim alleges $1.2 million in damages and is currently pending.
In June 2019 a customer complained that Miller violated the securities laws by alleging that Miller made investment recommendations that the investor was unhappy with. The claim alleges $550,000 in damages and was denied by the firm.