National investment loss lawyers KlaymanToskes is investigating broker Dan King (CRD# 5954543) of Newbridge Securities and Kingswood Capital Partners, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations he recommended unsuitable use of margin to effect trades in the accounts of two customers.
According to FINRA’s findings, while he was associated with Newbridge Securities, King recommended the use of margin in his customers’ accounts to leverage additional buying power while also employing a short-term trading strategy. The customers were purportedly not sophisticated investors, and King caused them to pay more than $46,000 in commissions, fees, and margin interest.
According to FINRA BrokerCheck, broker Dan King was previously registered with Newbridge Securities Corporation from 2016 to 2019, and is currently registered as a broker with Kingswood Capital Partners in San Diego, CA. King was also previously registered with Benchmark Investments from 2019 to 2023.
Investors that suffered losses with broker Dan King are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigation of broker Dan King:
If you suffered losses with broker Dan King, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorneys fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Dan King. These signs could potentially indicate broker misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA, brokerage firms such as Newbridge Securities and Kingswood Capital Partners are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate the specific circumstances of your case is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Dan King, or have concerns regarding your investment portfolio at Newbridge Securities and/or Kingswood Capital Partners, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss recovery options.