Advisor Alert: Our Attorneys Are Investigating David Samuel Waters For Investment Fraud
Did You Lose Money Because of David Waters?
Filed: November 2, 2023
David Waters has been the subject of one (1) customer complaint. 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 Samuel Waters.
Who Is David Samuel Waters of Cetera Advisors LLC?
- Advisor Name: David Samuel Waters
- Aliases: David S Waters
- CRD: 734939
- Location: Philadelphia, Pennsylvania
- Current Employer: Cetera Advisors LLC
- Previous Firms: LPL Financial LLC and Private Advisor Group, LLC
- Number of Known Customer Complaints: 1
- Can David Waters Be Sued: Yes, in Private Arbitration
- Can David Waters’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $10,000
- Highest Settlement: $18,358.86
If you have suffered investment losses by David Waters, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Waters For Broker Misconduct
As of this publication date, David Waters has been the subject of 1 customer dispute. Let’s review it below.
In April 2020, a complaint was filed against or in reference to David Waters by a customer of Cetera Advisors LLC alleging misrepresentation and unauthorized trades which resulted in a decline of the portfolio value. Per the customer, he/she lost over $10,000 because of Mr. Waters’s actions. On May 14, 2020, Mr. Waters settled the claim for $18,358.86, and some or all of this amount may have been paid by Mr. Waters’s employer and/or insurance carrier.
How To File A Claim Against David Waters of Cetera Advisors LLC (previously with LPL Financial LLC and Private Advisor Group, LLC) To Get Your Money Back.
If you have questions about David Waters, Cetera Advisors LLC, LPL Financial LLC, Private Advisor Group, LLC, 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.