National investment loss lawyers KlaymanToskes is investigating broker David Waal (CRD# 1226437) of Emerson Equity. Waal was formerly registered as a broker with Omni Brokerage Inc. and Orchard Securities.
According to FINRA BrokerCheck, broker David Waal is involved in several customer complaints alleging over $2,000,000 in collective investor damages. One of the complaints relates to unsuitable real estate and DPP & LP Interest investments at Omni Brokerage, Inc. and alleges $1,224,640 in damages. A second complaint relates to unsuitable real estate investments at Emerson Equity and alleges between $1,000,000 and $2,300,000 in damages.
Investors that suffered losses with broker David Waal are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor David Waal, of Emerson Equity, is currently facing several pending customer complaints alleging over $2,000,000 in collective investor damages. One of the complaints filed alleges $1,224,640 in investor damages, while a second complaint alleges between $1,000,000 and $2,300,000 in damages. The investors allege Violation of Common Law Fraud, Breach of Fiduciary Duty, and Negligence, in addition to other securities violations.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged 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.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances 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 David Waal, or have concerns regarding your investment portfolio at Emerson Equity, Omni Brokerage Inc., or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.