Erez Law is currently investigating Emerson Equity LLC broker David Waal (CRD# 1226437) regarding real estate security losses. He has been registered with Emerson Equity LLC in Irvine, California, since 2021.
David Waal Customer Complaints
He has been the subject of three customer complaints between 2011 and 2025, according to his CRD report. The most recent complaint was regarding:
September 2025. “Violation of Common Law Fraud, Breach of Fiduciary Duty, Negligence.” The case is currently pending. The complaint was regarding real estate security losses.
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, Emerson Equity LLC may be liable for investment or other losses suffered by David Waal’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.
"*" indicates required fields
