Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Daniel Drahos (Drahos), currently associated with Stirlingshire Investments, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Drahos concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $25,918.00 on November 05, 2021.
Churning of account and unsuitable while at Worden Capital Management. Mr Drahos was not employed by Monmouth Capital Management until October 2021 and the individuals were served on 8/23/2021 . The claims against WCM was for excessive trading, insuitable recommendations and failure to supervise the represesantative