The securities fraud attorneys at Meyer Wilson are currently investigating claims against former broker Darrell Smith (CRD# 1685641).
The Financial Industry Regulatory Authority (FINRA) has permanently barred former Multi-Financial Securities Corporation broker Darrell D. Smith (CRD# 1685641) “from acting as a broker or otherwise associating with firms that sells securities to the public.”
According to Smith’s publicly available BrokerCheck report, Smith withdrew a request for a hearing on October 21, 2014 after failing to respond to FINRA’s request for information and notice of suspension. By withdrawing and failing to respond to the request, Smith was permanently barred on November 24, 2014 pursuant to FINRA Rule 9552(H)
Since being barred, he has been the subject of several customer disputes including three claims of selling fraudulent securities, one claim of an alleged violation of Iowa’s Uniform Securities Act, one claim that Smith defrauded his client, and one claim of forgery and conversion of funds. In total, Smith was required to pay $289,210.
If you lost money investing with former Multi-Financial Securities Corporation broker Darrell Smith, contact our securities fraud attorneys at Meyer Wilson today. All of our cases are handled on a contingency fee basis, so you won’t owe any fees unless we can help you recover your losses. Contact us today through our website, or call us at (800) 738-1960 for a free case consultation.