Advisor Alert: Our Attorneys Are Investigating Dave Keith Hutchison For Investment Fraud
Did You Lose Money Because of Dave Hutchison?
Filed: February 9, 2024
Dave Hutchison (also known as David Keith Hutchison) currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint and one (1) termination 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 Dave Keith Hutchison.
Who Is Dave Keith Hutchison of Cetera Advisors, LLC?
- Advisor Name: Dave Keith Hutchison
- Aliases: Dave Keith David Hutchison, David Keith Hutchison
- CRD: 732974
- Location: Phoenix, Arizona
- Current Employer: Cetera Advisors, LLC
- Previous Firms: Walnut Street Securities, Inc., Hutchison Financial Corporation, and Cardell & Associates, Incorporated
- Number of Known Customer Complaints: 1
- Number of Known Termination Events: 1
- Can Dave Hutchison Be Sued: Yes, in Private Arbitration
- Can Dave Hutchison’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $800,000
- Highest Settlement: Unknown
If you have suffered investment losses by Dave Hutchison, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Dave Hutchison For Broker Misconduct
As of this publication date, Dave Hutchison has been the subject of 1 customer dispute and 1 termination event. Let’s review it below.
In September 2023, a FINRA arbitration was filed against or in reference to Dave Hutchison by a customer of Cetera Advisors, LLC alleging breach of fid. duty, negligence, and negligent supervision. Per the customer, he/she lost over $800,000 because of Mr. Hutchison’s actions. As of this publication date, this claim remains pending.
In November 1983, Capital Management Associates terminated Dave Hutchison for unauthorized sales literature, but in a letter dated 1-5-84 from Capital Management Associates to the NASD they admit this was more an internal policy dispute rather than unauthorized sales.
How To File A Claim Against Dave Hutchison of Cetera Advisors, LLC (previously with Walnut Street Securities, Inc., Hutchison Financial Corporation, and Cardell & Associates, Incorporated) To Get Your Money Back
If you have questions about Dave Hutchison, Cetera Advisors, LLC, Walnut Street Securities, Inc., Hutchison Financial Corporation, Cardell & Associates, Incorporated, 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.