Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on February 14, 2017 indicate that Indiana-based Raymond James & Associates broker/adviser David Niswonger has been named in a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Niswonger (CRD# 1273647).
David Niswonger has spent 32 years in the securities industry and has been registered with Raymond James & Associates in South Bend, Indiana since 2009. Previous registrations include Morgan Stanley Smith Barney in South Bend, Indiana; Citigroup Global Markets in South Bend, Indiana; Lehman Brothers in New York, New York; and EF Hutton & Company. He is a registered broker and investment adviser with 33 US states and territories.
According to his BrokerCheck report, he has received one pending customer complaint and two customer complaints that were closed or denied.
In November 2016 a customer alleged David Niswonger, while employed at Raymond James & Associates, breached his fiduciary duty, acted negligently, breached contract, breached his implied covenant of good faith and fair dealing, over-concentrated investments, made unsuitable recommendations, misrepresented and omitted material facts, and violated securities laws and FINRA rules. The customer is seeking $268,000 in damages in the pending complaint.
In 2002 a customer alleged David Niswonger, while employed at Salomon Smith Barney, failed to follow instructions. The customer sought unspecified damages in the complaint, which was closed.
In 2000 a customer alleged David Niswonger, while employed at Salomon Smith Barney, failed to follow instructions. The customer sought $8,000 in damages in the complaint, which was denied.
If you or someone you know has a complaint regarding David Niswonger, call the attorneys at 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.