Soreide Law Group is investigating possible investor claims against securities broker David Lee Hutchinson [CRD: 2918290, Bellevue, Washington]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Equitable Advisors LLC. Notably, investors allege sales practice violations, including misrepresentations. Here is a brief summary of the disclosures about Hutchinson. Remember that the broker denies the accusations against him.
Specifically, a client of Equitable Advisors LLC contested David Hutchinson’s sales practices, according to a complaint dated August 8, 2022. Allegedly, Hutchinson made misrepresentations. Supposedly, Hutchinson caused the client to sustain damages on mutual funds. Therefore, the client sought compensatory relief from Equitable Advisors LLC or Hutchinson. However, the securities firm and broker denied this complaint.
Also, an AXA Advisors Inc. client filed a complaint about David Hutchinson. Namely, the client alleged that Hutchinson made omissions and made unsuitable recommendations. Because of this, the client allegedly sustained damages on mutual funds and variable annuities. Therefore, on October 26, 2005, AXA Advisors Inc. settled this matter by paying the client compensation.
David Hutchinson worked for Equitable Advisors LLC as a securities broker since July 1997 and as a financial advisor since March 2004.
Did you experience losses because of David Hutchinson? If so, reach out to Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group, who has helped recover money for investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Hutchinson and brokerage firms Hutchinson worked for deny accusations of sales practice violations.
Soreide Law Group is currently investigating claims by investors who may have been recommended purchasing high-risk, illiquid investments including but not limited to, GWG L bonds by broker, JOHN CALDERWOOD STARKE SR (JOHN C STARKE, JOHN CALDERWOOD STARKE). According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOHN C STARKE was last listed […]
Soreide Law Group is reviewing potential investor claims connected to how securities brokers and financial advisors marketed and sold Ares Industrial Real Estate Income Trust. This investment has been promoted as a way for retail investors to participate in the growth of logistics and warehouse properties, but recent developments suggest there are significant concerns investors […]
Soreide Law Group is reviewing potential claims from investors who may have been harmed by sales practice violations committed by securities brokers and financial advisors. One product now under scrutiny is APEX South Creek DST, a private placement investment tied to commercial real estate. Recent information has raised concerns that investors may not have been […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com