Advisor Alert: Our Attorneys Are Investigating David Aaron Rockwell For Investment Fraud
Did You Lose Money Because of David Rockwell?
Filed: November 6, 2023
David Rockwell currently has one (1) pending regulatory event and one (1) pending customer complaint. Overall, he has been the subject of three (3) regulatory events, two (2) termination events, three (3) criminal events, and 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 Aaron Rockwell.
Who Is David Aaron Rockwell?
- Advisor Name: David Aaron Rockwell
- Aliases: David Rockwell
- CRD: 4236377
- Location: Fort Myers, Florida
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Cetera Advisor Networks LLC and Suntrust Investment Services, Inc.
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 3
- Number of Known Termination Events: 2
- Number of Known Criminal Events: 3
- Can David Rockwell Be Sued: Yes, in Private Arbitration
- Can David Rockwell’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $2,000,000
- Highest Settlement: $415,000
If you have suffered investment losses by David Rockwell, 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 Rockwell For Broker Misconduct
As of this publication date, David Rockwell has been the subject of 3 regulatory events, 2 termination events, 3 criminal events, and 3 customer disputes. Let’s review them below.
In July 2021, United States Securities and Exchange Commission initiated a regulatory action against or in reference to David Rockwell. After an investigation, the Division of Enforcement alleges that Rockwell is a resident of Cape Coral, Florida. During the period of the misconduct described below, Rockwell was associated with two dually-registered broker-dealer and investment adviser firms, in Fort Myers, Florida-one from December 2015 through approximately November 2018 and the other from November 2018 through approximately June 2019. Rockwell also formed, owned, and operated Gralyn Financial Services LLC (“Gralyn”), purported to be a financial service firm. From 2000 through 2015, Rockwell was associated with other broker-dealers registered with the Commission. In February 2020, FINRA barred Rockwell from association with any FINRA member in any capacity for failing to respond to a FINRA request for information. As of this publication date, this action remains pending.
In September 2020, a FINRA arbitration was filed against or in reference to David Rockwell by a customer of Cetera Advisor Networks, LLC alleging that Mr. Rockwell obtained loans in the client’s name that were secured by their brokerage accounts without authorization. Per the customer, he/she lost over $2,000,000 because of Mr. Rockwell’s actions. On January 20, 2021, Mr. Rockwell settled the claim for $415,000, and some or all of this amount may have been paid by Mr. Rockwell’s employer and/or insurance carrier.
In November 2019, FINRA initiated a regulatory action against or in reference to David Rockwell for failing to respond to FINRA request for information.
In July 2019, a complaint was filed against or in reference to David Rockwell by multiple customers of Cetera Advisor Networks, LLC alleging that Mr. Rockwell was involved in forgery and fraud regarding the clients’ accounts. Per the customers, they lost over $700,000 because of Mr. Rockwell’s actions. As of this publication date, this complaint remains pending.
In June 2019, a FINRA arbitration was filed against or in reference to David Rockwell by a customer of Cetera Advisor Networks, LLC alleging that Mr. Rockwell misappropriated money from his investment accounts to invest in a private security related to a company owned by Mr. Rockwell. Per the customer, he lost over $500,000 because of Mr. Rockwell’s actions. On October 9, 2019, Mr. Rockwell settled the claim for $215,000, and some or all of this amount may have been paid by Mr. Rockwell’s employer and/or insurance carrier.
In June 2019, World Choice Securities, Inc. terminated David Rockwell. While at a previous broker-dealer, a customer established and funded an LLC with $400k and then transferred the same to an LLC established by Rockwell for the purpose of (a) real estate deal(s) allegedly never made.
In November 2018, Cetera Advisor Networks, LLC terminated David Rockwell after being notified that Mr. Rockwell had been charged with a felony.
In September 2018, felony charges were pressed against David Rockwell in Circuit Court Lee County Florida. David Rockwell received 1 felony charge for Aggravated Stalking- Follow/Harass/Cyberstalk/Credible Threat to Person – 18CF018600 and 1 felony charge for Stalking.
In July 2015, Florida Office and Financial Regulation initiated a regulatory action against or in reference to David Rockwell for making a material false statement on the application for registration.
In April 2013, felony charges were pressed against David Rockwell in 41A1 Judicial District 16th Judicial Circuit Court for 40 N Main, Mount Clemens, MI 48043. David Rockwell received 1 felony charge 257.6256d Operate-While Intox/Impaired Felony, 1 felony charge for 750.82 Felony Assault With Dangerous Weapon, 1 misdemeanor charge for 257.62583 Impaired Operating-2nd Offense Misdemeanor, and 1 misdemeanor charge for 750.81 Assault Or Assault And Battery Misdemeanor. In April of 2014, David Rockwell completed the court requirement of paying a $1,800 fine.
In August 2003, felony charges were pressed against David Rockwell in The 41st District Court of Michigan for the Township of Shelby and Macomb County. David Rockwell received 1 felony charge for Police officer-assault/resisting/obstruction.
How To File A Claim Against David Rockwell (previously with Cetera Advisor Networks LLC and Suntrust Investment Services, Inc.) To Get Your Money Back.
If you have questions about David Rockwell, Cetera Advisor Networks LLC, Suntrust Investment Services, 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.