Investors potentially experienced sales practice violations by securities broker David Thomas Olsen [CRD: 4823650, Fort Lauderdale, Florida], given the disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. David Olsen worked for Madison Avenue Securities LLC from October 31, 2017, to December 8, 2023, and again from January 8, 2025, to December 31, 2025. See the following information to learn more about disclosures involving Olsen.
Specifically, on January 20, 2026, a Madison Avenue Securities LLC client filed FINRA Arbitration No. 26-00145 about David Olsen. Primarily, the client alleged that Olsen made unsuitable recommendations and failed to adequately disclose risks tied to Delaware Statutory Trust investments connected to a Section 1031 exchange strategy. Because of this, the client allegedly incurred damages. Consequently, the client requested $582,000 in compensation from Madison Avenue Securities LLC or Olsen. BrokerCheck shows that this arbitration is pending a resolution.
According to the disclosure, Olsen denied the allegations and stated that he acted in good faith while discussing the risks, benefits, and alternatives associated with the investments.
Additionally, the United States Securities and Exchange Commission began an investigation on January 20, 2026. Allegedly, SEC’s investigation concerned Olsen’s investment recommendations and related disclosures concerning investment risks.
The disclosure references allegations involving recommendations made in late 2019 tied to Delaware Statutory Trust investments. According to the filing, investors claimed that the investments were unsuitable based on financial circumstances and investment objectives, while certain risks, including illiquidity and long holding periods, were allegedly not fully disclosed. The investigation reportedly remains pending, and no findings have been made against Olsen.
Did you suffer any investment-related losses because of David Olsen? Get in touch with Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the United States. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Olsen and brokerage firms Olsen worked for deny accusations of sales practice violations.
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