Former Garden State Securities, Inc. Broker Daniel Mackle Stock Losses

Former Garden State Securities, Inc. broker Daniel Mackle (CRD# 2239531) is accused of investment losses due to common and preferred stocks. He was registered with MD Global Partners, LLC in Hackensack, New Jersey from 2019 to 2020. Previously, he was registered with Garden State Securities, Inc. in Hackensack, New Jersey from 2008 to 2019.

Daniel Mackle Customer Complaints

He has been the subject of three customer complaints between 2000 and 2022, according to his CRD report. The most recent complaints are regarding: 

April 2022. “Suitability, churning, breach of fiduciary duty.” The customer is seeking $1,800,000 in damages and the case is currently pending. The complaint was regarding equity OTC and common and preferred stocks, and the complaint took place while he was registered with Garden State Securities, Inc.

July 2021. “Unauthorized and excessive trading; misrepresentation; failure to supervise.” The customer is seeking $550,000 in damages and the case is currently pending. The complaint was regarding equity OTC and common and preferred stocks, and the complaint took place while he was registered with Garden State Securities, Inc.

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, Garden State Securities, Inc. may be liable for investment or other losses suffered by Daniel Mackle’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you 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.

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