Did You Lose Money Because of Daniel Zimmerman?
Filed: November 6, 2023
Daniel Zimmerman has been the subject of three (3) 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 Michael Zimmerman.
Who Is Daniel Michael Zimmerman of LPL Financial LLC?
- Advisor Name: Daniel Michael Zimmerman
- Aliases: Daniel Zimmerman
- CRD: 4668115
- Location: Moorestown, New Jersey
- Current Employer: LPL Financial LLC
- Previous Firms: Invest Financial Corporation and Investors Capital Corp.
- Number of Known Customer Complaints: 3
- Can Daniel Zimmerman Be Sued: Yes, in Private Arbitration
- Can Daniel Zimmerman’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $142,000
- Highest Settlement: $50,000
If you have suffered investment losses by Daniel Zimmerman, 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 Daniel Zimmerman For Broker Misconduct
As of this publication date, Daniel Zimmerman has been the subject of 3 customer disputes. Let’s review them below.
In August 2020, a complaint was filed against or in reference to Daniel Zimmerman by a customer of Invest Financial Corporation alleging poor recommendation of an investment in FS KKR, which Claimant contends was unsuitable because the value of the investment allegedly declined following a public listing event in February 20, 2018 to August 10, 2020. Per the customer, he/she lost over $30,000 because of Mr. Zimmerman’s actions. On March 30, 2022, Mr. Zimmerman settled the claim for $5,000, and some or all of this amount may have been paid by Mr. Zimmerman’s employer and/or insurance carrier.
In October 2013, a complaint was filed against or in reference to Daniel Zimmerman by a customer of Invest Financial Corporation alleging that Mr. Zimmerman guaranteed 3 – 6% return and no losses. Per the customer, he/she lost over $142,000 because of Mr. Zimmerman’s actions. On December 16, 2014, Mr. Zimmerman settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Zimmerman’s employer and/or insurance carrier.
In October 2013, a complaint was filed against or in reference to Daniel Zimmerman by a customer of Invest Financial Corporation alleging the client was not informed of the surrender penalty. Per the customer, she lost over $15,601.16 because of Mr. Zimmerman’s actions. On May 20, 2014, Mr. Zimmerman settled the claim for $10,286.48, and some or all of this amount may have been paid by Mr. Zimmerman’s employer and/or insurance carrier.
How To File A Claim Against Daniel Zimmerman of LPL Financial LLC (previously with Invest Financial Corporation and Investors Capital Corp.) To Get Your Money Back.
If you have questions about Daniel Zimmerman, LPL Financial LLC, Invest Financial Corporation, Investors Capital Corp., 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.
