Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Olson (Olson), previously associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Olson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $25,051.02 on May 18, 2021.
Client alleges representative did not follow allocation instructions provided in November 2019 which caused account losses. The client requested assets from an annuity transfer be invested into a mutual fund instead of a money market fund.