Advisor Alert: Our Attorneys Are Investigating Daryl F Devillier For Investment Fraud
Did You Lose Money Because of Daryl Devillier?
Filed: January 24, 2024
Daryl Devillier currently has one (1) pending customer complaint. Overall, he has been the subject of seven (7) customer complaints and one (1) regulatory event. 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 Daryl F Devillier.
Who Is Daryl F Devillier of Ameriprise Financial Services, LLC?
- Advisor Name: Daryl F Devillier
- Aliases: Daryl Devillier
- CRD: 4069344
- Location: Springfield, Massachusetts
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Raymond James & Associates, Inc. and Morgan Stanley DW Inc.
- Number of Known Customer Complaints: 7
- Number of Known Regulatory Events: 1
- Can Daryl Devillier Be Sued: Yes, in Private Arbitration
- Can Daryl Devillier’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $601,676
- Highest Settlement: $39,802.69
If you have suffered investment losses by Daryl Devillier, 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 Daryl Devillier For Broker Misconduct
As of this publication date, Daryl Devillier has been the subject of 7 customer disputes and 1 regulatory event. Let’s review them below.
In September 2023, a complaint was filed against or in reference to Daryl Devillier by a customer of Ameriprise Financial Services, LLC alleging that Mr. Devillier failed to make the premium payments on their $601,676 Principal National Life Insurance Company life insurance policy that he agreed to process on their behalf. As a result, the policy lapsed in about September 2021. Per the customer, he/she lost over $601,676 because of Mr. Devillier’s actions. As of this publication date, this claim remains pending.
In July 2018, Massachusetts Securities Division initiated a regulatory action against or in reference to Daryl Devillier for being the subject of 6 customer complaints alleging unauthorized trading, improper use of discretion, suitability issues, churning, negligence, breach of contract and breach of fiduciary duty.
In February 2016, a complaint was filed against or in reference to Daryl Devillier by a customer of Raymond James & Associates, Inc. alleging misrepresentation. Per the customer, he/she lost over $78,192.96 because of Mr. Devillier’s actions.
In October 2012, a complaint was filed against or in reference to Daryl Devillier by a customer of Raymond James & Associates, Inc. alleging suitability. Per the customer, he/she lost over $26,062.34 because of Mr. Devillier’s actions.
In July 2012, a complaint was filed against or in reference to Daryl Devillier by a customer of Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. alleging breach of fiduciary duty of investment broker, churning/excessive and unauthorized trades, and unsuitable investments. Per the customer, he/she lost over $47,449.29 because of Mr. Devillier’s actions. An arbitration panel found that Daryl Devillier was negligent and awarded $39,802.69 in favor of the customers.
In December 2008, a complaint was filed against or in reference to Daryl Devillier by a customer of Raymond James & Associates, Inc. alleging negligence; breach of fiduciary duty; fraud; and breach of contract and third-party beneficiary claim. Per the customer, he/she lost over $19,521 because of Mr. Devillier’s actions. On March 31, 2011, Mr. Devillier settled the claim for $8,150, and some or all of this amount may have been paid by Mr. Devillier’s employer and/or insurance carrier.
In August 2004, a complaint was filed against or in reference to Daryl Devillier by a customer of Morgan Stanley DW Inc. alleging failure to execute trades in a timely manner, unauthorized purchase of stock, negligence regarding recommendation of outside money manager and over concentration, and failure to consider tax consequences of advice from march 2000. Per the customer, he/she lost over $130,000 because of Mr. Devillier’s actions.
In March 2002, a complaint was filed against or in reference to Daryl Devillier by a customer of Morgan Stanley DW Inc. alleging unauthorized trading/improper use of discretion/unsuitability. Per the customer, he/she lost over $100,000 because of Mr. Devillier’s actions. On August 8, 2002, Mr. Devillier settled the claim for $27,000, and some or all of this amount may have been paid by Mr. Devillier’s employer and/or insurance carrier.
How To File A Claim Against Daryl Devillier of Ameriprise Financial Services, LLC (previously with Raymond James & Associates, Inc. and Morgan Stanley DW Inc.) To Get Your Money Back
If you have questions about Daryl Devillier, Ameriprise Financial Services, LLC, Raymond James & Associates, Inc., Morgan Stanley DW Inc., 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.