Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Werts (Werts), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Werts recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,157,000.00 on April 25, 2023.
In regard to investments in GWG L Bonds, the clients allege breach of fiduciary duty, violations of Regulation Best Interest, violations of FINRA rules 2010,2020,2111.05(a), 3110, breach of contract and vicarious liability.