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David Pimper: Nine Customer Complaints and a Regulatory Sanction

David Pimper Public records published by the Financial Industry Regulatory Authority (FINRA) on July 6, 2016 indicate that Nebraska-based Calton & Associates broker/adviser David Pimper has received numerous customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Pimper (CRD# 1257514).

David Pimper has spent 28 years in the securities industry and has been registered with Calton & Associates in Fremont, Nebraska since 2005. Previous registrations include Royal Alliance Associates in New York, New York; Integrated Resources Equity Corporation; Linsco Financial Group; First Affiliated Securities; and Edward D. Jones & Company. He is a registered broker and investment adviser with fourteen US states and territories: Alabama, Arizona, Colorado, Florida, Iowa, Kansas, Nebraska, North Carolina, Oklahoma, Pennsylvania, South Dakota, Texas, Utah, and Washington.

According to his BrokerCheck report, David Pimper has received nine customer complaints and one regulatory sanction.

In 2006 the State of Georgia Commissioner of Securities sanctioned David Pimper following allegations, among others, he failed to maintain proper memoranda of securities orders and failed to maintain written order tickets. He was issued a cease-and-desist order and a fine of $7,500.

In 2002 a customer alleged David Pimper, while employed at Royal Alliance Associates, breached his fiduciary duty, engaged in theft by deception, breached contract, and failed to supervise. The complaint settled in 2003 for $1,000,000.

In 2002 a customer alleged David Pimper, while employed at Royal Alliance Associates, misrepresented material facts, breached his fiduciary duty, and committed theft by deception. The complaint settled in 2003 for $1,000,000.

In 2002 a customer alleged David Pimper, while employed at Royal Alliance Associates, misrepresented material facts, breached contract, failed to supervise, breached his fiduciary duty, and committed theft by deception. The complaint settled in 2003 for $1,000,000.

In 2002 a customer alleged David Pimper, while employed at Royal Alliance Associates, violated the Georgia Securities Act, misrepresented material facts, breached contract, failed to supervise, breached his fiduciary duty, and committed theft by deception. The complaint settled in 2003 for $1,000,000.

In 2002 a customer alleged David Pimper, while employed at Royal Alliance Associates, violated the Georgia Securities Act, breached contract, failed to supervise, misrepresented material facts, breached his fiduciary duty, and engaged in theft by deception. The complaint settled in 2003 for $1,000,000.

In 2002 a customer alleged David Pimper, while employed at Royal Alliance Associates, violated Georgia securities laws, misrepresented and omitted material facts, and breached his fiduciary duty. The complaint settled in 2003 for $1,000,000.

If you or someone you know has complaints regarding David Pimper, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.