Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on October 22, 2016 indicate that New York-based National Securities broker Damany Henry is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Henry (CRD# 2846968).
Damany Henry has spent nineteen years in the securities industry and has been registered with National Securities in New York, New York since 2008. Previous registrations include Eastbrook Capital Group, which has been expelled by FINRA, in New York, New York; Bluestone Capital Partners in New York, New York; and Nichols Safina Lerner & Company in New York, New York. He is a registered broker with 36 US states and territories.
According to his BrokerCheck report, Damany Henry has received one customer complaint and one pending customer complaint.
In September 2016 a customer alleged Damany Henry, while employed at National Securities, made unsuitable investment recommendations and breached his fiduciary duty. The customer is seeking $845,827 in damages in the pending complaint.
In 2009 a customer alleged Damany Henry, while employed at First Republic Group, executed excessive trades, made false and misleading statements, committed fraud, acted negligently, misrepresented material facts, and breached his fiduciary duty. The complaint settled in 2010 for $14,000.
According to FINRA rules and federal securities law, brokers like Damany Henry are beholden to a fiduciary duty that requires them to act only in the best interests of their clients. This means, for instance, that they can only recommend suitable investments that take into account the client’s investment goals, experience, and risk tolerance. Firms are not permitted to misrepresent or omit material facts related to an investment, as this might cause a customer to invest unsuitably. Brokers and firms who violate applicable rules and regulations may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you or someone you know has a complaint regarding Damany Henry, 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.