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DID DONALD ANGELO DURANDO CAUSE YOU INVESTMENT LOSSES?

Donald Durando of PHX Financial Has 2 Customer Complaints for Alleged Broker Misconduct

Who is Donald Durando of PHX Financial?

Donald Durando (CRD #5509340) who is currently registered with PHX Financial and located in Hauppauge, New York is a subject of one of our many securities industry sales practice abuse investigations.

Donald Durando Customer Complaints

Donald Durando has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses.

One of Donald Durando’s 2 customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against Donald Durando’s former employer PHX Financial for investment losses caused by the alleged misconduct.

Allegations Against Donald Durando

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

  • Unsuitable investment recommendations allegedly made by Donald Durando.
  • Unsuitable investments allegedly made by Donald Durando.

Donald Durando Red Flags & Your Rights as An Investor

Of course, Donald Durando 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 Donald Durando at PHX Financial on alert to review carefully the activity and performance of their accounts and question whether Donald Durando has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at PHX Financial also raises questions about the brokerage firms’ 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 PHX Financial Due to Donald Durando

If you have questions about PHX Financial and/or Donald Durando 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 has been a trial attorney for more than 40 years and is the founding partner of The Law Offices of Robert Wayne Pearce. You can learn more about Robert and his accomplishments by clicking here.

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