There are options for clients of former Dawson James Securities, Inc. broker Kennister Daley (CRD# 1774653) who lost money investing in real estate securities. He has been registered with Allstate Financial Services, LLC in Boynton Beach, Florida since 2016. Previously, he was registered with Dawson James Securities, Inc. in Boca Raton, Florida from 2014 to 2016.
Kennister Daley Customer Complaints
He has been the subject of two customer complaints between 2017 and 2022, one of which was denied, according to his CRD report:
February 2022. “SOC Alleges unsuitability, fraud in offer or sale of securities, misrepresentations and omissions of material facts, breach of contract, common law fraud, breach of fiduciary duty and negligence as it relates to the purchase of a non-traded REIT.” The customer is seeking $100,001 in damages and the case is currently pending. The complaint took place while he was registered with Dawson James Securities, Inc. and was regarding real estate securities.
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, Dawson James Securities, Inc. may be liable for investment or other losses suffered by Kennister Daley’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.