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Michael David Of Cetera Advisor Networks, LLC, CWM And Formerly With LPL Financial Has One Customer Complaint For Alleged Broker Misconduct

Who is Michael David of Cetera Advisor Networks, LLC?

Michael David (CRD #2880609) who is currently registered with Cetera Advisor Networks, LLC, CWM and located in Amarillo, Texas is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cetera Advisor Networks, LLC and CWM, Michael David was associated with LPL Financial and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Michael David Customer Complaint

Michael David has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were that the claimant was allegedly induced into purchasing at least three alternative products- two BDCs and one REIT – which she allegedly did not understand and were allegedly misrepresented to her. Claimant alleges the investments were unsuitable. The customer complaint filed against Michael David’s current employer LPL Financial for investment losses caused by the alleged misconduct is pending as of the date of this report.

Michael David Red Flags & Your Rights As An Investor

Of course, Michael David 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 which should put all current and former customers of Michael David at Cetera Advisor Networks, LLC, CWM and LPL Financial on alert to review carefully the activity and performance of their accounts and question whether Michael David has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisor Networks, LLC, CWM, and LPL Financial also raises questions about the brokerage firm’s 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 Cetera Advisor Networks, LLC Due To Michael David

If you have questions about Cetera Advisor Networks, LLC, CWM, LPL Financial, and/or Michael David 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.

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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 $170 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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