Investigation of Former Voya Financial Advisors, Inc. Broker Danny Young
Posted on Tuesday, September 28th, 2021 at 12:13 am
Erez Law is interested in speaking with investors who may have suffered losses due to investments with former Voya Financial Advisors, Inc. broker Danny Young (CRD# 4115155). Young has been registered with Cetera Advisor Networks LLC in Lake City, Florida since June 2021. Previously, Young was registered with Voya Financial Advisors, Inc. in Adel, Georgia from 2010 to 2021.
Young has been the subject of three customer complaints between 2007 and 2021, according to his CRD report. The most recent complaint is regarding:
April 2021. “Claimants allege that representative sold them risky, high-fee investments in 2015 and 2016 which were unsuitable for their investment needs and inconsistent with their investor profiles.” The customer is seeking $800,000 in damages and the case is currently pending. The complaint 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, Voya Financial Advisors, Inc. may be liable for investment or other losses suffered by Young’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.