Advisor Alert: Our Attorneys Are Investigating Daniel George McPherson For Investment Fraud
Did You Lose Money Because of Dan McPherson?
Filed: November 6, 2023
Dan McPherson currently has one (1) pending customer complaint. Overall, he has been the subject of four (4) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Daniel George McPherson.
Who Is Daniel George McPherson?
- Advisor Name: Daniel George McPherson
- Aliases: Dan McPherson
- CRD: 4964802
- Location: Idaho Falls, Idaho
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Advisors LLC, Pacific West Securities, Inc., and Sammons Securities Company, LLC
- Number of Known Customer Complaints: 4
- Can Daniel McPherson Be Sued: Yes, in Private Arbitration
- Can Daniel McPherson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $4,136,911
- Highest Settlement: $1,000,000
If you have suffered investment losses by Daniel McPherson, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Dan McPherson For Broker Misconduct
As of this publication date, Daniel McPherson has been the subject of 4 customer disputes. Let’s review them below.
In January 2023, a FINRA arbitration was filed against or in reference to Daniel McPherson by a customer of Cetera Advisors, LLC alleging that Mr. McPherson recommended unsuitable investments. Per the customer, he/she lost over $500,000 because of Mr. McPherson’s actions.
In July 2020, a FINRA arbitration was filed against or in reference to Daniel McPherson by a customer of Cetera Advisors LLC alleging unsuitable investment recommendations. Per the customer, he/she lost over $250,000 because of Mr. McPherson’s actions. On August 27, 2021, Mr. McPherson settled the claim for $57,500, and some or all of this amount may have been paid by Mr. McPherson’s employer and/or insurance carrier.
In March 2016, a complaint was filed against or in reference to Daniel McPherson by a customer of Parkland Securities FKA Sammons Securities alleging unsuitable investments. Per the customer, he/she lost over $40,451.51 because of Mr. McPherson’s actions.
In August 2013, a FINRA arbitration was filed against or in reference to Daniel McPherson by a customer of Sammons Securities Company alleging misrepresentation and purchase of unsuitable investments. Per the customer, he/she lost over $4,136,911 because of Mr. McPherson’s actions. On April 27, 2015, Mr. McPherson settled the claim for $1,000,000, and some or all of this amount may have been paid by Mr. McPherson’s employer and/or insurance carrier.
How To File A Claim Against Dan McPherson (previously with Cetera Advisors LLC, Pacific West Securities, Inc., and Sammons Securities Company, LLC) To Get Your Money Back.
If you have questions about Daniel McPherson, Cetera Advisors LLC, Pacific West Securities, Inc., Sammons Securities Company, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.