Gabriel Swan (CRD: 5821532) faces a pending customer claim that alleges $180,000 in damages, according to BrokerCheck. In it, the customer alleges Swan failed to stop him from withdrawing funds, and Swan denies any wrongdoing.
The Financial Industry Regulatory Authority (FINRA) reports important information about Damian Mark Baird (CRD: 3097243, Boston, Massachusetts). Not only has FINRA sanctioned Baird, but investors disputed the sales practices of the securities broker. However, Baird denies the allegations. Read on to learn more about the allegations against Baird.
Supposedly, on March 20, 2023, FINRA issued FINRA Case No. 20-02339 sanctioning Damian Baird for infractions. Specifically, Baird was suspended as a securities broker. Notably, FINRA alleged that Baird did not comply with an arbitration award or settlement agreement or otherwise confirm status of his compliance with FINRA.
In the arbitration case between Morgan Stanley and Baird, the panel found Baird responsible for violating the terms of promissory notes and directed him to pay Morgan Stanley a total of $875,590.28 in damages.
Supposedly, on March 1, 2023, a Moors Cabot Inc. client filed a complaint about Damian Baird. Namely, the client alleged that Baird altered a check. Because of this, the client allegedly sustained damages. Therefore, the client requested $50,000 in compensation from Moors Cabot Inc. or Baird. However, this complaint is ongoing.
Also, a client of HSBC Securities (USA) Inc. contested Damian Baird’s sales practices, according to a complaint dated December 30, 2008. Allegedly, Baird made unsuitable recommendations, given the client’s conservative investment objectives. Supposedly, Baird caused the client to sustain damages on mutual funds. Therefore, the client requested compensation from HSBC Securities (USA) Inc. or Baird. However, the securities firm denied this complaint.
Specifically, a HSBC Securities (USA) Inc. client filed NASD Arbitration: 03-04471 about Damian Baird. Namely, the client alleged that Baird breached a contract, breached fiduciary duties, acted unethically, gave unsuitable advice, made misrepresentations, made omissions, and failed to follow instructions. Because of this, the client allegedly sustained damages on unit investment trusts. Therefore, on March 21, 2005, an NASD Arbitration Panel issued an Award ordering HSBC Securities (USA) Inc. or Baird to pay the client $49,963.06 in damages.
Baird worked for Moors Cabot Inc. in Boston, Massachusetts, as a securities broker from June 5, 2020, to February 27, 2023.
Have you experienced damages through Damian Baird? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your losses. Soreide Law Group, who has effectively recovered money for hundreds of investors in all 50 states, represents investors on a contingency fee basis and advances all costs. Baird and brokerage firms Baird worked for deny any and all allegations of misconduct.
Gabriel Swan (CRD: 5821532) faces a pending customer claim that alleges $180,000 in damages, according to BrokerCheck. In it, the customer alleges Swan failed to stop him from withdrawing funds, and Swan denies any wrongdoing.
A pending customer claim on the BrokerCheck report of John Ravsten (CRD: 5634077) alleges $118,000 in damages. The claimant alleges misrepresentation and says the investment did not suit the claimant's situation.
A pending $2,500,000 customer claim over DST investments appears on the BrokerCheck report of Wendy Kretschmer (CRD: 3111589). The claimants allege that WestPark recommended the investments, and the claim remains open.
Phone:
Fax: 1-954-760-6553
Email: [email protected]