July 2021- Austin, TX
According to publicly available records, former Sagepoint Financial financial advisor Daniel Dillard, discloses a regulatory event, 2 pending customer disputes, a termination from employment and an outstanding judgement lien.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In pending FINRA case 20-3922, filed in 1/2021, a customer of SagePoint Financial alleges that Dillard made unsuitable recommendations to invest in private placements causing damages of $1.5 million.
In 6/2020 another SagePoint Financial customer filed an arbitration alleging unsuitable recommendations. No damages are specified in that pending matter.
Dillard was discharged from a prior firm, LPL Financial, in 4/2013 for submitting altered internal company documents.
Dillard was employed by Sagepoint from 4/2013-4/2019. He also discloses a business affililatio with Nest Financial, located in Austin, TX.
The IRS filed lien against Dillard in Travis County, TX, in the amount of $59,428 in 12/2018.
If you have losses in an account handled by Daniel Dillard, call to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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