One or more investors apparently complained about securities broker David Norman Dunn [CRD: 2819556, Walnut Creek, California], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, David Dunn worked for Oppenheimer Co. Inc. in San Francisco, California, from January 16, 2007, to January 13, 2023, before moving to Raymond James Associates Inc. in Walnut Creek and Danville, California, where he has been registered since January 10, 2023. Check out the following information to learn more about the client dispute filed against Dunn and what it could mean for affected investors.
Specifically, a client of Oppenheimer Co. Inc. contested David Dunn’s sales practices, according to a complaint dated January 15, 2025. Allegedly, Dunn engaged in unauthorized and unsuitable trading with regarding to stocks. Supposedly, the broker failed to supervise and committed financial elder abuse. It appears that Dunn allegedly caused the client to sustain damages. Therefore, the client sought damages from Oppenheimer Co. Inc. or Dunn in the amount of $8,800,000 in this matter. According to FINRA’s BrokerCheck, this disclosure is still pending.
Unauthorized trading refers to a situation in which a broker buys or sells securities in a client's account without the client's permission. Brokers must obtain prior consent before executing any trade unless the account has been designated as a discretionary account, which gives the broker specific written authority to make decisions on the client's behalf. When a broker conducts transactions without that authority or outside of the agreed-upon terms, it can expose clients to unexpected losses and constitutes a violation of industry rules. This type of misconduct can be particularly damaging to elderly or vulnerable investors who rely on their broker to act in their best interest.
Did you experience losses because of David Dunn? Feel free to contact Soreide Law Group online or at (888) 760-6552. Speak with a securities attorney about a possible recovery of investment-related losses. Soreide Law Group has recovered losses for investors throughout the country. The firm works on a contingency fee basis, and advances all costs. Dunn and brokerage firms Dunn worked for deny any allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com