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Daniel Maughan, Financial West Group: Broker Alert

fwgDaniel Maughan, Financial West Group: Broker Alert

Daniel Maughan, Financial West Group, California, broker and financial adviser Daniel Maughan has customer complaints. The investment recovery lawyers at StockBrokerLawyer.com are ready to help additional customers recover their investment losses against Mr. Maughan (CRD# 2561363) and Financial West Group.

Daniel Maughan has spent eighteen years in the securities industry and has worked for Financial West Group in Los Angeles, California since 2010. Before that, he worked for Wedbush Securities in Los Angeles, California (2002-2010). He is a registered broker and investment adviser in California.

According to the FINRA BrokerCheck report, Daniel Maughan is the subject of three customer complaints and one pending customer complaint, and was discharged from his position at Merrill Lynch.

In September 2015, a customer alleged Maughan, while employed at Financial West Group, breached his fiduciary duty, acted negligently, breached his contract, and misrepresented material facts related to an investment.

In 2009, a customer complained that Daniel Maughan, while employed at Wedbush Morgan Securities, breached his fiduciary duty, converted funds, committed fraud, acted negligently, misrepresented material facts, breached his contract, provided unsuitable advice, failed to follow instructions, and made an unauthorized purchase. The complaint settled in 2010 for $10,000.

In 2002 a customer alleged Mr. Maughan, while employed at Merrill Lynch, engaged in churning, executed unauthorized trades, and made unsuitable investment recommendations. The complaint settled in 2003 for $46,000.

In 2001 Daniel Maughan was discharged from his position at Merrill Lynch following allegations he entered orders in client accounts without prior consent.

If you have suffered losses as a result of investments made with Daniel Maughan, call (888) 986-7199 or write the investment recovery lawyers at StockBrokerLawyer.com for a free no-cost consultation. We can help recover your losses and seek other damages, too.

You can use the email form or chat on StockBrokerLawyer.com You may be entitled to recover your losses. We work on contingency: we are paid only when you are paid. Time is limited; delay is the favorite defense of the brokerage firms. Call 888-986-7199 now to speak to an attorney for a no cost evaluation.


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