RedFlags, Allegations and Complaints against DAVID LEWIS FRANSKO
Disclosure #1 for DAVID FRANSKO
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- eventDate: 6/19/2006
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Award / Judgment
- Disclosure Detail :: Allegations: CUSTOMER ALLEGES UNSUITABILITY, MISREPRESENTATION, NEGLIGENCE, VIOLATION OF STATE AND FEDERAL SECURITIES REGULATIONS, AND BREACH OF FIDUCIARY DUTY. THE EVENTS ALLEGEDLY OCCURRED IN 2004.
- Damage Amount Requested: $75,000.00
- Damages Granted: $75,000.00
- DisplayAAOLinkIfExists: Y
- Arbitration Docket Number: 06-02591
- Broker Comment: ALTHOUGH I ACCEPT THE PANEL’S AWARD IN THIS MATTER, I DID NOT AGREE WITH IT. THE CUSTOMERS HAD REJECTED MY RECOMMENDATIONS THAT THEY INVEST IN OTHER SECURITIES THAN THE ONES THEY COMPLAINED ABOUT. IN ADDITION, MY FIRM REVIEWED THIS MATTER WHEN IT WAS FIRST FILED AND FOUND NO WRONGDOING, AND DID NOT REQUIRE ME TO CONTRIBUTE TO THE PAYMENT OF THE AWARD.
Should I file a FINRA complaint against brokers like DAVID LEWIS FRANSKO?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by DAVID LEWIS FRANSKO’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About DAVID LEWIS FRANSKO
What is DAVID FRANSKO’s Central Registration Depository (CRD) Number?
Which firm is DAVID LEWIS FRANSKO associated with?
LPL FINANCIAL LLC
Where is DAVID FRANSKO located?
777 E EISENHOWER PKWY STE 740, ANN ARBOR, MI, 48108
Where can I find more details about DAVID FRANSKO’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/6413 to read a detailed report for LPL FINANCIAL LLC
Are there any disclosures, allegations or complaints filed against DAVID LEWIS FRANSKO?
Where can I download a detailed FINRA report for DAVID FRANSKO?
Is it safe to do business with DAVID LEWIS FRANSKO?
We’re not sure. Please research DAVID FRANSKO’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:39 am
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