Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 20, 2017 indicate that California-based Independent Financial Company broker/adviser Shawn Davis has been the subject of resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Davis (CRD# 2911230).
Shawn Davis has spent eighteen years in the securities industry and has been registered with Independent Financial Company in Auburn, California since 2014. Previous registrations include WFG Investments in Auburn, California; Berthel Fisher & Company in Auburn, California; Royal Alliance Associates in New York, New York; QA3 Financial in Omaha, Nebraska; and NYLife Securities in New York, New York. He has passed five securities industry examinations: Series 24 (General Securities Principal Examination); Series 6 (Investment Company Products/Variable Contracts Representative Examination); Series 7 (General Securities Representative Examination); Series 63 (Uniform Securities Agent State Law Examination); and Series 66 (Uniform Combined State Law Examination). He is a registered broker and investment adviser with twelve US states and territories: Arizona, California, Connecticut, Florida, Idaho, Michigan, Nevada, Ohio, Oregon, Texas, Washington, and Wyoming.
According to his BrokerCheck report, he has received one customer complaint and two pending customer complaints.
In September 2016 a customer alleged Shawn Davis, while employed at Berthel Fisher & Company, misrepresented material facts and made unsuitable investment recommendations. The customer is seeking $740,000 in damages in the pending complaint.
In March 2016 a customer alleged Shawn Davis, while employed at WFG Securities and Independent Financial Group, did not fully disclose the risks associated with real estate investment trust offerings. the customer is seeking unspecified damages in the pending complaint.
In 2013 a customer alleged Shawn Davis, while employed at Berthel Fisher & Company, misrepresented and recommended unsuitable investments. The complaint settled for $52,500.
If you or someone you know has lost money investing with Shawn Davis, 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 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.