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DID DANIEL LAWRENCE PIMENTAL CAUSE YOU INVESTMENT LOSSES?

Daniel Lawrence Pimental Of Wells Fargo Advisors and Formally with Raymond James Financial Services Has 3 Customer Complaints for Alleged Broker Misconduct

Who is Daniel L. Pimental with Wells Fargo Advisors Financial Network, LLC?

Daniel Pimental (CRD #2196343) who is currently registered with Wells Fargo Advisors Financial Network, LLC and located in Hingham, Massachusetts is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to Wells Fargo Advisors Financial Network, LLC, Daniel Pimental was associated with Raymond James Financial Services, Inc. and 7 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Raymond James Financial Services, Inc. Broker Misconduct

In his career, Daniel Pimental has been the subject of 3 customer complaints that we know about, one of those complaints were filed in the last year to recover investment losses.

Two of Daniel Pimental’s 3 customer complaints were settled in favor of investors. There is currently one pending customer complaints filed against Daniel Pimental’s former employer, Raymond James Financial Services, Inc., for $43 million in investment losses caused by his alleged misconduct.

Allegations Against Daniel Pimental

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • The customer alleged that investments made in his account by Daniel Pimental were inconsistent with his stated investment objectives.
  • The customer alleged an unsuitable and aggressive investment strategy involving investments in technology stocks which Daniel Pimental former employers settled for $700,000.
  • The claimant alleged that Daniel Pimental, while he was employed at Raymond James Financial Services, Inc., engaged in, churning, unauthorized trading and made unsuitable investment recommendations involving option transactions and caused the investor over $43 million in investment losses.

Daniel Pimental Red Flags & Your Rights as An Investor

Of course, Daniel Pimental did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags that should put all current and former customers of Daniel Pimental at Wells Fargo Advisors Financial Network, LLC and Raymond James Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Daniel Pimental has engaged in any stockbroker misconduct that may have caused them investment losses.

There have been a large number of customer complaints at Wells Fargo Advisors Financial Network, LLC, and Raymond James Financial Services, Inc. also raises questions about their supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim to Recover Your Investment Losses at Wells Fargo Advisors Financial Network, LLC

If you have questions about Wells Fargo Advisors Financial Network, LLC, Raymond James Financial Services, Inc., and/or Daniel Pimental and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $125 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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