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Darnell Deans Suspended for Tax Leins

Darnell Deans

According to records provided by the Financial Industry Regulatory Authority (FINRA), former New York-based Blackbook Capital broker Darnell Deans is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. Deans (CRD# 2200059).

Darnell Deans has spent 23 years in the securities industry and was most recently registered with Blackbook Capital in New York, New York (2014-2016). Previous registrations include John Carris Investments in New York, New York (2014); Garden State Securities in New York, New York (2005-2013); Oppenheimer & Company in New York, New York (2002-2005); Josephthal & Company in New York, New York (1998-2002); HJ Meyers & Company in Rochester, New York (1995-1998); Berkeley Securities in New York, New York (1993-1996); Commonwealth Associates in New York, New York (1995); J. Gregory & Company (1992-1993); and Berkeley Securities (1992). He is currently not registered with any state or firm.

According to his BrokerCheck report, Darnell Deans is the subject of one customer complaint and three regulatory sanctions.

In October 2015 FINRA suspended Darnell Deans following allegations he “willfully failed to amend his Form U4 to disclose three unsatisfied federal tax liens” totaling $254,995. Mr. Deans was issued an eight-month suspension and a fine of $10,000.

In 2014 the State of Michigan sanctioned Darnell Deans following unspecified allegations. His registration was revoked and he was fined $7,500.

In 2014 Darnell Deans was named respondent in a complaint by the Indiana Securities Division following allegations he violated Indiana code. The action has not yet been resolved.

In 2013 the New Jersey Bureau of Securities sanctioned Darnell Deans following allegations he engaged in dishonest or unethical business practices by borrowing money from his clients, failed to disclose tax liens against him, and filed a false application with the Bureau. Mr. Deans was issued a 2.5 year suspension and a fine of $37,500.

In 2003 a customer alleged Darnell Deans, while employed at Josephthal & Company, made unsuitable investment recommendations, misrepresented material facts, committed fraud, breached his fiduciary duty, executed unauthorized trades, and breached contract. The complaint settled in 2004 for $30,000.

If you or someone you know has a complaint regarding Darnell Deans, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.