Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 13, 2018 indicate that former Washington-based PFS Investments broker Daniel Winger has been sanctioned by FINRA in connection to alleged rule violations and barred from acting as a broker or otherwise associating with a broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Winger (CRD# 1542674).
Daniel Winger has spent thirty-one years in the securities industry and was registered with PFS Investments in Federal Way, Washington from 1986 until August 2018. He has no previous registrations. He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 12, 1986; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on August 13, 1986; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which he obtained on November 8, 1988. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one FINRA sanction and one customer complaint.
In August 2018 FINRA sanctioned him in connection to allegation she converted the funds of an elderly customer of his member firm and used them for his own personal purposes. FINRA’s findings state that the customer gave him checks that amounted to about $100,000 payable to Dan Winger and Associates. Whereas the customer “understood that the checks were to be used for her benefit,” according to FINRA, Mr. Winger endorsed them, deposited the funds into a “separate bank account,” and used the funds for “his own personal use.” He was barred from acting as a broker or otherwise associating with a broker-dealer firm.
In 1998 a customer alleged Daniel Winger, while employed at PFS Investments, executed a mutual fund sale and a variable annuity purchase, both of which transactions she “did not fully understand the effects of.” The complaint settled for $10,880.
If you or someone you know has lost money investing with Daniel Winger, call 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: we only get receive payment if and when you collect money. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.