RedFlags, Allegations and Complaints against Douglas Manning Cahill
Disclosure #1 for Douglas Cahill
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- eventDate: 4/9/2001
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Denied
- Disclosure Detail :: Allegations: THE CLIENT SUBMITTED AN EMAIL WHICH ASKS CAHILL IF HE WAS CONCERNED THAT THE CLIENT’S ACCOUNT HAD GONE FROM $700,000 TO $352,000. THE CLIENT IS UNHAPPY WITH THE PERFORMANCE OF HER ACCOUNT.
- Damage Amount Requested: $348,000.00
- Arbitration Docket Number:
- Broker Comment: CAHILL SPOKE WITH THE CLIENT SHORTLY AFTER RECEIVING HER EMAIL. CAHILL STATES THAT THE CLIENT DID NOT TAKE INTO ACCOUNT ANNUITIES HELD OUTSIDE THE ACCOUNT WHICH CREATED THE APPEARANCE OF GREATER VALUE DECLINE. CAHILL STATES HE ALSO DISCUSSED MARKET FLUCTUATION, WHICH THE CLIENT UNDERSTOOD AS SHE HAS HELD MANY OF THE INVESTMENTS IN THE ACCOUNT FOR FOUR TO FIVE YEARS. CLAIM DENIED.
Should I file a FINRA complaint against brokers like Douglas Manning Cahill?
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 Douglas Manning Cahill’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 Douglas Manning Cahill
What is Douglas Cahill’s Central Registration Depository (CRD) Number?
Which firm is Douglas Manning Cahill associated with?
EDWARD JONES
Where is Douglas Cahill located?
201 N MOOSE ST, MORRILTON, AR, 72110
Where can I find more details about Douglas Cahill’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/250 to read a detailed report for EDWARD JONES
Are there any disclosures, allegations or complaints filed against Douglas Manning Cahill?
Where can I download a detailed FINRA report for Douglas Cahill?
Is it safe to do business with Douglas Manning Cahill?
We’re not sure. Please research Douglas Cahill’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:38 am
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