Public records published by the Financial Industry Regulatory Authority (FINRA) on November 25, 2016 indicate that former Kentucky-based Fidelity Brokerage Services broker David Hogue is currently not affiliated with any broker-dealer firm. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hogue (CRD# 6482561).
David Hogue has spent one year in the securities industry and was most recently registered with Fidelity Brokerage Services in Covington, Kentucky (2015-2016). He has no previous registrations and is currently not registered with any state or firm. He has passed two securities industry examinations: Series 7 (General Securities Representative Examination) and Series 63 (Uniform Securities Agent State Law Examination).
According to his BrokerCheck report, David Hogue has received one pending customer complaint.
In July 2016 a customer alleged David Hogue, while employed at Fidelity Brokerage Services, “gave misinformation on an options transaction the customer was proposing.” The customer is seeking more than $553,800 in damages in the pending complaint.
Federal securities law prohibits brokers like David Hogue from making untrue or false statements that can mislead their clients — an act referred to as “misrepresentation.” Nor may they omit material facts regarding an investment, or the effect that an investment could have on the client’s finances. A “material fact” is a piece of information that would be a significant consideration for a reasonable investor in making a decision about an investment. Some examples include the risk level of a stock, the potential return on an investment, or the fees involved with the transaction. Brokers and investment advisers who misrepresent material facts may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have lost money investing with David Hogue, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.