Soreide Law Group is reviewing investor complaints concerning securities broker John Belk Daughtridge “Belk Daughtridge” (CRD#: 2735851, Mount Pleasant, South Carolina), as disclosed on FINRA BrokerCheck. Evidently, Daughtridge worked for Citigroup Global Markets, Morgan Stanley, and Raymond James & Associates. Read further to learn more about the allegations of unauthorized trading and other sales practice violations as reported on BrokerCheck. However, be mindful that the securities broker denies alleged improper sales practices.
Notably, FINRA BrokerCheck shows that a Morgan Stanley client objected to Belk Daughtridge’s sales practices by making an investment dispute in October 2020. Supposedly, Daughtridge engaged in unauthorized trading, resulting in damages to a client’s money manager account. Because of this, the securities firm opted to settle this matter by virtue of payment to the client in the amount of $15,000, according to a settlement in June 2021.
Also, it appears that Raymond James “discharged” Daughtridge in February 2018. Supposedly, he violated firm policy by circulating unapproved research to someone who was not a firm client.
Evidently, a client of Raymond James & Associates contested Belk Daughtridge’s sales practices by bringing an investment dispute in July 2016. Mainly, the investor alleges unauthorized trading and “misappropriation.” Notably, Daughtridge purportedly caused the client to face damages via his actions relating to mutual funds. It appears that in September 2016, after reviewing the allegations, Raymond James & Associates denied the dispute and the client’s request for compensation.
Moreover, a Citigroup Global Markets Inc. client decided to lodge a dispute about Belk Daughtridge’s and the securities firm’s sales practices. Supposedly, the client experienced damages stemming from Daughtridge’s improper sales practices concerning variable annuity products. Allegedly, the securities broker caused an unauthorized surrender of the client’s annuity. However, it seems that this matter closed without resolution.
Apparently, securities broker Belk Daughtridge denies allegations of unreasonable sales practices. Have you experienced investment losses by interacting with this broker? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery. We take cases by a contingency fee arrangement and advance all costs. The law firm has recovered substantial compensation for US clients who have experienced losses from their securities brokers and financial advisors.
The private market, once the exclusive playground of institutional investors, has increasingly opened its doors to individual investors seeking a piece of the next unicorn. Funds like the Advanced Technology Select Funds - targeting high-profile private companies such as Flexport, Plaid, and Cybereason - are a prime example of this trend. While the prospect of […]
Soreide Law Group, PLLC At Soreide Law Group, we help investors, shareholders, and publicly traded companies navigate the complex federal rules governing the resale of restricted or control securities. Our attorneys understand that clearing restrictive legends and ensuring compliance with Rule 144 or other resale exemptions can be time-sensitive and critical to protecting shareholder rights. […]
FINRA barred securities broker Emma Marie McAuley [CRD: 7178199, Auburn, Washington], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, McAuley worked for Edward Jones from November 4, 2019, to March 19, 2024. Keep reading to learn more about McAuley’s disclosures. FINRA Sanctioned McAuley For Failure To Respond Notably, on January 21, 2025, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com