Former Woodbury Financial Broker, Daniel Flores, Barred By FINRA
The Wolper Law Firm is currently investigating claims against Daniel Flores, a former Financial Advisor at Woodbury Financial Services in Appleton, Wisconsin. Daniel Flores has been in the securities industry since the 1990s and previously worked at Princor Financial Services Corp..
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on July 27, 2018, FINRA sanctioned Daniel Flores, barring him from associating with any brokerage firm. The basis for the sanction is that Daniel Flores failed to respond to a FINRA issued subpoena, requesting information concerning an alleged unapproved investment transaction entered into between Daniel Flores and a client.
This sanction follows Daniel Flores’ termination by Woodbury for this same alleged misconduct. Separately, in May 2018, a customer filed a complaint against Daniel Flores for unauthorized and excessive trading.
To review a full copy of Daniel Flores’ FINRA disclosure report, click https://brokercheck.finra.org/individual/summary/2908027#disclosuresSection
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
If you or someone you know was a customer of Daniel Flores and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at firstname.lastname@example.org to discuss your specific situation and the legal options available. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.