Investors may have suffered financial harm by securities broker Craig E. Fernsler [CRD: 5558907, Naples, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Fernsler has been associated with McDermott Investment Services LLC since February 27, 2020. Investors are encouraged to continue reading to discover more about disclosures involving Fernsler.
Notably, on March 5, 2026, a McDermott Investment Services LLC client filed FINRA Arbitration No. 26-00510 about Craig Fernsler. Primarily, the client alleged that Fernsler made unsuitable recommendations, failed to perform due diligence, breached his fiduciary duty, made misrepresentations, made omissions, was negligent, breached a contract, and failed to supervise certain representatives. For this reason, the client allegedly experienced damages connected to DSTs. As a result, the client requested $300,000 in compensation from McDermott Investment Services LLC or Fernsler. BrokerCheck shows that this arbitration is awaiting a resolution.
A Delaware Statutory Trust (DST) is a real estate investment structure that allows investors to own fractional interests in income-producing properties, often as part of a Section 1031 exchange. Negligence involving a DST generally refers to allegations that a securities broker or financial advisor failed to exercise reasonable care when evaluating, recommending, or monitoring the investment. Misrepresentation may occur when important information about a DST's risks, fees, liquidity limitations, projected returns, or underlying properties is inaccurately described or omitted. Because DSTs can be complex investments, investors often rely on financial professionals to provide complete and accurate information before investing.
Are you worried about investments you made through Craig Fernsler? Get in touch with Soreide Law Group at (888) 760-6552 or online and speak to a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the US. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Fernsler and brokerage firms Fernsler worked for deny accusations of sales practice violations.
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JOHN LAWRENCE ALEX (JOHN L ALEX) has been registered both as a broker and financial advisor with MORGAN STANLEY of Morristown, New Jersey, since11/15/2011. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOHN L ALEX has 36 years of experience in the securities industry and has been registered with 4 firms. Alex […]
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