Erez Law is currently investigating former Brookville Capital Partners, LLC broker Daniel King (CRD# 5954543) regarding investment losses. King has been registered with Benchmark Investments, Inc. in New York, New York since February 2019. King was previously registered with:
- Newbridge Securities Corporation in New York, New York from 2016 to 2019
- Legend Securities, Inc. in Melville, New York from 2015 to 2016
- Tryco Securities, Inc. in Melville, New York in March 2015
- Brookville Capital Partners in Melville, New York from 2011 to 2015
King has been the subject of three customer complaints between 2016 and 2020, according to his CRD report:
February 2020. “Customer alleges unnecessary, unsuitable and excessive margin trading: damages $550,000 and unsuitable recommendation for a private placement: damages 133,000. Punitive damages of $3,000,000.” The customer is seeking $3,683,000 in damages in this pending customer complaint.
May 2017. “Claimants, while a customer of Brookville Capital Partners, LLC alleges Rep and another Representative while employed at that Firm, engaged in recommending and soliciting investments that were not suitable for them. As a result of the investments claimant alleges sustained losses.” The customer is seeking $59,330.70 in damages and the case is currently pending. The complaint took place while King was registered with Brookville Capital Partners.
July 2016. “Statement of Claim alleges: Failure to execute, unauthorized trading, respondent superior/vicarious liability.” The customer sought $80,000 in damages and the case was settled for $12,000. The complaint took place while King was registered with Legend Securities, Inc. and was regarding equity OTC and common and preferred stocks.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Brookville Capital Partners, LLC may be liable for investment or other losses suffered by King’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.