Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 20, 2016 indicate that former Florida-based LPL Financial broker Daniel Pacheco is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Pacheco (CRD# 5278626).
Daniel Pacheco has spent seven years in the securities industry and was most recently registered with LPL Financial in Boca Raton, Florida (2016). Previous registrations include SunTrust Investment Services in Hollywood, Florida (2013-2015); BB&T Investment Services in Charlotte, North Carolina (2012-2013); LPL Financial in Fort Lauderdale, Florida (2011-2012); Morgan Stanley Smith Barney in Aventura, Florida (2009-2011); and Morgan Stanley & Company in Aventura, Florida (2008-2009).
According to his BrokerCheck report, Daniel Pacheco has received three customer complaints.
In January 2016, a customer alleged Daniel Pacheco, while employed at SunTrust Investment Services, executed unauthorized trades and purchased unsuitable securities. The complaint settled in April 2016 for more than $28,700.
In January 2016, a customer alleged Daniel Pacheco, while employed at SunTrust Investment Services, did not call him as agreed upon when the account hit a 3% loss. The complaint settled in February 2016 for $35,000.
In December 2015, a customer alleged Daniel Pacheco, while employed at SunTrust Investment Services, executed unauthorized trades. The complaint reached a non-monetary settlement.
If you or someone you know has lost money investing with Daniel Pacheco, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: you will only pay Fitapelli Kurta 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.