Soreide Law Group is currently investigating claims on behalf of investors against Darrell Duane Smith, a former broker with Multi-Financial Securities, Mason City, Iowa, which is now known as, Cetera Advisors. These investors purchased I-Lenders and Energae from Darrell Smith.
The allegations involved Smith “selling away” securities of either I-Lenders and Energae to Multi-Financial customers. On July 3, 2013, Smith entered into an Order and Consent to Order and Agreement Docket with the Iowa Insurance Division and his securities agent and insurance producer licenses were revoked and Smith was permanently barred from applying for these licenses. Smith was ordered to pay a civil penalty of $5,000. The July, 2013, Order came after a Cease and Desist Order dated April 10, 2013 issued by the Iowa Securities Division against Smith. The Cease and Desist Order was issued in connection with Smith’s sales of investments in Energae and I-Lenders. I-Lenders is also known as Interested Investors, LLC.
According to FINRA's BrokerCheck, Darrell D. Smith was previously registered with FINRA at the following brokerage firms:
MULTI-FINANCIAL SECURITIES CORPORATION
CRD# 10299
MASON CITY, IA
02/2001 - 03/2012
NEXT FINANCIAL GROUP, INC.
CRD# 46214
HOUSTON, TX
01/2000 - 02/2001
ADVANTAGE CAPITAL CORPORATION
CRD# 146
ATLANTA, GA
08/1994 - 12/1999
If you invested in the with Darrell D. Smith, you may be able to recover your losses. Soreide Law Group, PLLC, represents clients nationwide before FINRA. Call for a free consultation with an attorney at 888-760-6552.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com