Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darryl Tureaud (Tureaud), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Tureaud 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 $50,000.00 on June 11, 2025.
The claimant alleged the representative failed to conduct adequate and reasonable due diligence when recommending an investment strategy to invest in an unsuitable, illiquid, and speculative non-traded real estate investment trust in June 2015. Additionally the claimant alleged the representative continued to misrepresent the investment as relatively safe and low risk when compared to other investment classes.