We are investigating customer complaints against broker David E. Mickey, who is currently barred from acting as a broker or otherwise associating with firms that sell securities to the public, as per FINRA’s BrokerCheck. According to FINRA BrokerCheck, in 2015 FINRA imposed a sanction on Mr. Mickey as he failed to appear for testimony in response to a request pertaining to an investigation about his trading activities. As per BrokerCheck, Mickey’s firm filed a Form U5 with FINRA terminating his registration, disclosing that he sold securities during a blackout period and while in possession of material, non-public information.
According to FINRA BrokerCheck, Mickey had similar allegations made against him in 2014, while he was at LPL Financial, where he allegedly violated the code of conduct by selling Niagara Securities during a blackout period and while in possession of certain non-public material. Per BrokerCheck, there was another customer dispute is 2002, where the customer alleged that Mickey did not act promptly on wire instructions thereby, keeping him from realizing market gains.
If you or anyone you know have experienced similar issues or are concerned about unauthorized trading or failure to execute by a broker, you should let an experienced Securities team assess the situation. You need an experienced team that is well versed with FINRA laws and protecting investors from unscrupulous brokers on your side. At Malecki Law, we champion the cause of investor protection and education.