Investors File Disputes About Daniel Sopher

Soreide Law Group is investigating possible investor claims against Daniel William Sopher (also known as Daniel Williams Sopher) (CRD: 1254823, Metuchen, New Jersey). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Kestra Investment Services LLC. Evidently, one or more investors alleged misconduct in these disputes, including that Sopher was negligent, breached a fiduciary duty, and failed to supervise certain representatives. Here is a brief summary of the disclosures about Sopher.

Sopher Disclosed Negligence Allegations By Kestra Investment Services LLC Client

Specifically, a client of Kestra Investment Services LLC contested Daniel Sopher’s sales practices by filing FINRA Arbitration: 21-01082 on April 26, 2021. Allegedly, Sopher was negligent, breached a fiduciary duty, and failed to supervise certain representatives. It appears that Sopher caused the client to sustain damages on BDC (business development company) products. Therefore, the client seeks compensatory relief from Kestra Investment Services LLC or Sopher in the amount of $73,000 in this ongoing matter.

Daniel Sopher Disclosed Unsuitable Advice Allegations By NFP Securities Inc. Client

Particularly, a client of NFP Securities Inc. contested Daniel Sopher’s sales practices, according to a complaint dated June 8, 2009. Allegedly, Sopher made unsuitable recommendations. Supposedly, Sopher caused the client to sustain damages on variable annuities. Therefore, the client sought compensatory relief from NFP Securities Inc. or Sopher in the amount of $18,510 in this matter. However, the securities firm denied this complaint.

Employment Information

Sopher worked for Kestra Investment Services LLC as a securities broker from November 2003 to June 2023. He worked for Kestra Advisory Services as a financial advisor from April 2016 to June 2023. He has worked for LPL Financial since June 2023 as a securities broker and financial advisor.

Did Kestra Investment Services LLC Securities Broker Daniel Sopher Cause You To Experience Damages?

Did you suffer damages by investing with Daniel Sopher? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with a skilled securities attorney regarding a potential recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors across the United States, represents clients on a contingency fee basis and advances costs. Sopher and brokerage firms Sopher worked for deny all allegations of sales practice violations.