How to Bring a Claim Against Wedbush Securities Inc. Broker David Hirons
Posted on Monday, October 5th, 2020 at 5:36 pm
Erez Law is interested in speaking with investors who may have suffered losses due to investments with Wedbush Securities Inc. broker David Hirons (CRD# 2424566). Hirons has been registered with Wedbush Securities Inc. in San Diego, California since 2018. Previously, Hirons was registered with RBC Capital Markets, LLC in La Jolla, California from 2014 to 2018, when he was terminated regarding, “Financial Advisor was terminated for violating the firm’s Order Execution policy.”
Hirons has been the subject of four customer complaints between 2002 and 2019, according to his CRD report. The most recent complaint is regarding:
August 2019. “The claimant alleges from June 2018 to December 2018 the financial advisor incorrectly executed numerous options. The statement of claim includes claims for trade error execution errors. Prior allegations:(from June 2018 until November 2018) request for trade error reimbursement. Trades were executed in cash account and then were moved to the margin account. Client alleged this caused the account to go “on-call” resulted in liquidation and losing money.” The customer is seeking $712,080 in damages and the case is currently pending. The complaint was regarding options and took place while Hirons was registered with Wedbush 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, Wedbush Securities Inc. may be liable for investment or other losses suffered by Hirons’ 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.