Advisor Alert: Our Attorneys Are Investigating David Alan Witter For Investment Fraud
Did You Lose Money Because of David Witter?
Filed: March 4, 2024
David Witter has been the subject of one (1) regulatory event and 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 Alan Witter.
Who Is David Alan Witter?
- Advisor Name: David Alan Witter
- Aliases: David Witter
- CRD: 4519401
- Location: Winter Park, Florida
- Current Employer: Currently Not Registered
- Previous Firms: Triad Advisors, Inc., USA Financial Securities Corporation, and Gunnallen Financial, Inc
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Can David Witter Be Sued: Yes, in Private Arbitration
- Can David Witter’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $18,004.55
- Highest Settlement: $17,500
If you have suffered investment losses by David Witter, 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 Witter For Broker Misconduct
As of this publication date, David Witter has been the subject of 1 regulatory event and 1 customer dispute. Let’s review them below.
In August 2011, FINRA initiated a regulatory action against or in reference to David Witter for failing to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.
In January 2011, a FINRA arbitration was filed against or in reference to David Witter by multiple customers of USA Financial Securities Corporation alleging that the money manager account and REIT Mr. Witter sold them were not suitable. Per the customers, they lost over $18,004.55 because of Mr. Witter’s actions. An arbitration panel found that David Witter was negligent and awarded $17,500 in favor of the customers.
How To File A Claim Against David Witter (previously with Triad Advisors, Inc., USA Financial Securities Corporation, and Gunnallen Financial, Inc) To Get Your Money Back
If you have questions about David Witter, Triad Advisors, Inc., USA Financial Securities Corporation, Gunnallen Financial, 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.