David Kangas Tied To WealthForge Investor’s Breach of Fiduciary Duty Arbitration Claim

Investors may have suffered financial harm by securities broker David Andrew Kangas [CRD: 6591398, Richmond, Virginia], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kangas has worked for WealthForge Securities LLC since November 1, 2019. Keep reading to find out more about Kangas’s disclosures.

WealthForge Investor Accused Kangas Of Breach Of Contract And Unsuitable Recommendations

Evidently, on April 2, 2026, a WealthForge Securities client filed FINRA Arbitration No. 26-00648 about David Kangas. Primarily, the client alleged that Kangas was negligent, made unsuitable recommendations and misrepresentations or omissions, failed to perform due diligence and supervise certain representatives, and breached his fiduciary duty and a contract. For this reason, the client allegedly sustained damages in connection with private placements. Therefore, the client requested $1,000,000 in compensation from WealthForge Securities or Kangas. BrokerCheck shows that this arbitration is awaiting a resolution.

David Kangas Disclosed Negligence Allegations By WealthForge Client

Also, a client of WealthForge Securities contested Kangas’s sales practices by filing FINRA Arbitration No. 26-00476 on March 16, 2026. Allegedly, Kangas was negligent, made unsuitable recommendations and misrepresentations or omissions, failed to perform due diligence, and breached his fiduciary duty and a contract. It appears that Kangas caused the client to sustain damages. Consequently, the client seeks compensation from WealthForge Securities or Kangas in the amount of $150,000 in this ongoing matter.

WealthForge Investor Accused Kangas Of Misrepresentation And Breach Of Fiduciary Duty

Additionally, on March 2, 2026, a WealthForge Securities client filed FINRA Arbitration No. 26-00388 about David Kangas. Mainly, the client alleged that Kangas was negligent, made unsuitable recommendations and misrepresentations or omissions, failed to perform due diligence, and breached his fiduciary duty and a contract. Because of this, the client allegedly sustained damages linked to private placements. As a result, the client requested $300,000 in compensation from WealthForge Securities or Kangas. BrokerCheck shows that this arbitration is pending a resolution.

WealthForge Investor Accused David Kangas Of Unsuitable Advice

Particularly, on October 21, 2025, a WealthForge Securities client filed FINRA Arbitration No. 25-02133 about David Kangas. Primarily, the client alleged that Kangas made unsuitable recommendations and misrepresentations or omissions, was negligent, and breached his fiduciary duty and a contract. For this reason, the client allegedly sustained damages. Therefore, the client requested compensation from WealthForge Securities or Kangas. BrokerCheck shows that this arbitration is awaiting a resolution.

Did You Invest Through Securities Broker / Financial Advisor Kangas?

Are you concerned about investments you made through David Kangas? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the country. Also, our securities lawyers handle cases on a contingency fee basis and advance all costs. Kangas and brokerage firms Kangas worked for deny accusations of sales practice violations.