Danny Young Facing Voya, ING Client Disputes

Broker Danny Young Involved In Investor Disputes Brought By Voya, ING Clients

Soreide Law Group comes to you with new information in regard to securities broker Danny Young (CRD#: 4115155, Lake City, Florida). It seems that Young worked for securities firms Voya Financial Services Inc. as both a financial advisor and securities broker. He joined Cetera Advisor Networks LLC in June 2021. Evidently, a client of Voya Financial Advisors disputed Young’s sales practices, alleging unsuitable transactions involving real estate securities. Moreover, two ING Financial Partners clients brought disputes about Young. Here’s a closer look at these disputes, including what you could do if you experienced losses.

Voya Financial Advisors Client Alleges Unsuitable Real Estate Security By Danny Young

Evidently, a client of Voya Financial Advisors complained about Young’s sale of a real estate security. In the April 2021 FINRA Arbitration Claim, the client described the investment as risky and expensive. Moreover, they alleged that the investment did not meet their investment profiles, including their needs at the time. For this reason, the client asked for $800,000 in compensation in this ongoing matter.

ING Financial Partners Client Alleges Nondisclosures In Connection With Annuity Sale

It appears that ING Financial Partners took aim at Young’s sales practices. Notably, the client stressed that Young failed to tell them important information about the annuity’s income feature. Supposedly, Young omitted that the client had to annuitize their annuity (receive income payments from the annuity issuer) over a period of 20-30 years to receive the full amount of their contract. This matter was closed with no further action taken by the client.

Danny Young's Client At ING Complains About Margin, Caps On Equity Indexed Annuities

BrokerCheck shows that a client of ING Financial Partners complained about Young's equity-indexed annuities sales. Supposedly, Young did not clarify the caps and margins on those products. Allegedly, Young placed the client in annuities that carried long surrender charges. However, ING Financial Partners denied this client’s suitability dispute.

Did You Face Financial Harm Because Of Young?

Did securities broker Young cause you to suffer losses? If so, call Soreide Law Group at (888) 760-6552 and speak with a skilled securities lawyer regarding a possible recovery of your losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has helped many United States investors recover compensation when they have incurred losses by their financial advisors and securities brokers. Please note that Young denies all allegations of his sales practice violations.