David Sherwood Tied To Greenberg Financial Group Investor’s Negligence Complaint

Investors apparently complained about securities broker David Michael Sherwood (also known as Dave Sherwood) [CRD: 1024893, Tucson, Arizona], based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. David Sherwood worked for Greenberg Financial Group from March 22, 2002, to January 3, 2025. Investors are encouraged to continue reading to discover more about the disclosures associated with this securities broker.

Greenberg Financial Group Investor Accused Dave Sherwood Of Breach Of Fiduciary Duty, Breach Of Contract

Evidently, a Greenberg Financial Group client filed FINRA Arbitration No. 23-01057 about David Sherwood. Primarily, the client alleged that Sherwood breached his fiduciary duty, was professionally negligent, made misrepresentations, violated Arizona securities law, and breached a contract in connection with investment advisory services. Because of this, the client allegedly sustained damages related to corporate bonds. As a result, on April 12, 2024, a FINRA Arbitration Panel issued an Award ordering Greenberg Financial Group and Sherwood to pay the client $70,058.66 in compensatory damages.

RBC Dain Rauscher Inc. Investor Accused David Sherwood Of Excessive Trading

Evidently, an RBC Dain Rauscher Inc. client filed NASD Arbitration No. 05-06148 about David Sherwood. Mainly, the client alleged that Sherwood engaged in excessive trading. For this reason, the client allegedly sustained damages linked to mutual funds. Consequently, on October 31, 2006, RBC Dain Rauscher Inc. settled this matter by paying the client $92,250 in damages.

Dave Sherwood Disclosed Misrepresentation And Unsuitable Recommendations Allegations By RBC Dain Rauscher Client

Particularly, a client of RBC Dain Rauscher disputed Sherwood’s sales practices by filing FINRA Arbitration No. 03-05874. Allegedly, Sherwood made misrepresentations and made unsuitable recommendations. It appears that Sherwood caused the client to experience damages on over-the-counter equities. Therefore, RBC Dain Rauscher opted to settle the matter on December 14, 2004, by compensating the client in the amount of $100,000.

Have You Made Investments Through Financial Advisor / Securities Broker David Sherwood?

Did you experience losses because of David Sherwood? Contact Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm represents investors on a contingency fee basis and advances all costs. Sherwood and brokerage firms Sherwood worked for deny allegations of sales practice violations.