Advisor Alert: Our Attorneys Are Investigating David Wayne Karin For Investment Fraud
Did You Lose Money Because of David Karin?
Filed: March 20, 2024
David Karin currently has one (1) pending customer complaint. Overall, he 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 David Wayne Karin.
Who Is David Wayne Karin of Western International Securities, Inc.?
- Advisor Name: David Wayne Karin
- Aliases: David Karin
- CRD: 2486154
- Location: Westlake Village, California
- Current Employer: Western International Securities, Inc.
- Previous Firms: Chase Investment Services Corp. and Wamu Investments, Inc.
- Number of Known Customer Complaints: 3
- Can David Karin Be Sued: Yes, in Private Arbitration
- Can David Karin’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,220,000
- Highest Settlement: $47,500
If you have suffered investment losses by David Karin, 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 David Karin For Broker Misconduct
As of this publication date, David Karin has been the subject of 3 customer disputes. Let’s review them below.
In November 2022, a FINRA arbitration was filed against or in reference to David Karin by a customer of Western International Securities, Inc. alleging misrepresentation and unsuitable recommendations. Per the customer, he/she lost over $1,220,000 because of Mr. Karin’s actions. As of this publication date, this claim remains pending.
In August 2012, a complaint was filed against or in reference to David Karin by a customer of Chase Investment Services Corp. alleging misrepresentation regarding variable annuity investment. Per the customer, he/she lost over $53,117.45 because of Mr. Karin’s actions.
In August 2012, a FINRA arbitration was filed against or in reference to David Karin by a customer of Chase Investment Services Corp. alleging misrepresentation regarding variable annuity investment. Per the customer, he/she lost over $100,000 because of Mr. Karin’s actions. On May 12, 2014, Mr. Karin settled the claim for $47,500, and some or all of this amount may have been paid by Mr. Karin’s employer and/or insurance carrier.
How To File A Claim Against David Karin of Western International Securities, Inc. (previously with Chase Investment Services Corp. and Wamu Investments, Inc.) To Get Your Money Back
If you have questions about David Karin, Western International Securities, Inc., Chase Investment Services Corp., Wamu Investments, 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.