There are options for clients of former Patrick Capital Markets, LLC broker Donald Deans (CRD# 2870570) who suffered investment losses. He was registered with Patrick Capital Markets, LLC in St Louis, Missouri, from 2019 to 2020, Emerson Equity LLC in San Mateo, California, from 2017 to 2018, Dempsey Lord Smith, LLC in Rome, Georgia, from 2016 to 2017.
Donald Deans Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
February 2023. “Failed to conduct a reasonable due diligence, disclose material facts and misrepresentation.” The customer sought $450,000 in damages, and the case was settled for $250,000. The complaint was regarding a Delaware Statutory Trust (DST), and it took place while he was registered with Patrick Capital Markets, LLC.
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, Patrick Capital Markets, LLC may be liable for investment or other losses suffered by Donald Deans’ 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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