David Stewart Silberg (David Silberg) – Financial Advisor/Broker David Silbert Ordered Under Heightened Supervision by State of Massachusetts | Goodman & Nekvasil P.A., May Recover Investor Losses
David Silberg is a licensed financial advisor with Allied Millennial Partners, LLC. David Silberg was previously licensed with Aegis Capital Corp. According to David Silberg’s BrokerCheck report, David Silberg was ordered to be subject to heightened supervision by the State of Massachusetts.
According to the State of Massachusetts: David Silberg has been the subject of five customer complaints, among other things, that David Silberg forged a loan form and subsequent check, David Silberg misrepresented the costs of transferring a life insurance policy, David Silberg misrepresented the consequences of selling an annuity, David Silberg engaged in unauthorized trading, and David Silberg made unsuitable investments and misrepresented or omitted material facts relating to an investment. In addition, David Silberg has been the subject of two terminations, one investigation, and one financial lien.
The State of Massachusetts ordered that David Silberg will be subject to heightened supervision which, in part, provides that David Silberg will not solicit or meet with new Massachusetts customers and will not service accounts for new Massachusetts customers.
According to David Silberg’s BrokerCheck Report:
A customer dispute was filed alleging sales practice violations against David Silberg.
Customer Dispute 8/30/16: The claimant alleges unsuitable investment recommendation, misrepresentation and omission of material fact(s) concerning an investment in a corporate debt security. This customer dispute was settled for $29,750.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with David Silberg and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning David Silberg’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with David Silberg and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 1/23/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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