DAN DROEG Has An Investor Complaint – Goodman & Nekvasil, P.A., May Recover Investor Losses
Former UNITED PLANNERS’ FINANCIAL SERVICES OF AMERICA A LIMITED PARTNER Investment Adviser, DAN DROEG has an investor complaint.
DAN EDWARD DROEG (CRD#: 1509210), a formerly registered broker for UNITED PLANNERS’ FINANCIAL SERVICES OF AMERICA A LIMITED PARTNER in MESA, AZ, has an investor complaint. According to Droeg’s FINRA BrokerCheck report, Client alleged Misappropriation of client funds. Alleged activity occurred July 2009 to April 2016.
The customer is seeking $980,000.00 for alleged damages.
Droeg was previously barred by FINRA for allegations that he converted assets of a trust by using his authority as trustee to surrender a variable annuity owned by the trust and then transferring over $878,000 from the trust’s bank account to his own bank accounts, a portion of which he distributed to the trust’s beneficiaries and withdrew the remainder for personal use. The findings stated that the trust was created by its two beneficiaries, a senior, married couple with no familial relationship to Droeg. In accordance with the trust documents, Droeg had authority to invest the trust’s assets and to establish and control bank accounts in the trust’s name. Droeg initially invested the trust’s assets in a variable annuity.
Dan Droeg has a customer complaint.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 3/15/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.