Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
One or more investors possibly experienced losses because of securities broker Craig Murchison McDaniel [CRD: 1087979, Columbia, South Carolina], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, McDaniel joined Capital Investment Group Inc. on January 22, 2004, and Capital Investment Advisory Services LLC on September 29, 2009. Keep reading to find out more about McDaniel’s disclosures and what they could mean for investors.
Evidently, a client filed a complaint about Craig McDaniel. Primarily, the client claimed that McDaniel recommended GWG Holdings L-Bonds tied to GWG Holdings Inc. bankruptcy on April 20, 2022. Because of a default, the client allegedly incurred damages linked to the direct investments. Consequently, on December 10, 2024, Capital Investment Group Inc. settled this matter by paying the client $28,000.00 in damages, of which McDaniel personally contributed $14,000.00.
Specifically, a client of Capital Investment Group Inc. disputed Craig McDaniel’s sales practices, according to a complaint. Allegedly, McDaniel made unsuitable recommendations in connection with GWG Holdings L-Bonds. As a result, Capital Investment Group Inc. agreed to settle the matter on March 28, 2024, by paying compensation amounting to $15,000.00, of which McDaniel contributed $7,500.00.
Particularly, a client filed a complaint about Craig McDaniel. Mainly, the client alleged that McDaniel recommended investments which defaulted. Because of this, the investor allegedly sustained damages. For this reason, on March 27, 2024, Capital Investment Group Inc. settled this matter by paying the client $20,000.00 in damages.
Also, a client of Capital Investment Group Inc. took aim at Craig McDaniel’s conduct by filing FINRA Arbitration No. 23-02048. Allegedly, McDaniel violated state securities laws, breached a contract, breached his fiduciary duty, and was negligent concerning direct investments. Therefore, Capital Investment Group Inc. opted to settle the dispute on February 6, 2025, by compensating the client in the amount of $75,000.00.
Also, a Capital Investment Group Inc. client filed FINRA Arbitration No. 23-00187 about Craig McDaniel. Allegedly, McDaniel made unsuitable recommendations. As a result, on July 25, 2024, Capital Investment Group Inc. settled this matter by paying the client $60,000.00 in damages.
Are you concerned regarding investments you made with Craig McDaniel? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney concerning a potential recovery of your investment losses. For years, Soreide Law Group has recovered losses for investors located throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. McDaniel and brokerage firms McDaniel worked for deny allegations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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