Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 7, 2019 indicate that former Missouri-based Oppenheimer & Company broker/adviser David Reid, who has received a pending customer dispute, recently resigned from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Reid (CRD# 3022847).
David Reid has spent 20 years in the securities industry and was most recently registered with Oppenheimer & Company in St. Louis, Missouri (2009-2019). He was previously registered with Citigroup Global Markets in Clayton, Missouri (1998-2009). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 8, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 30, 1998; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on April 27, 1998. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one pending customer complaint and recently resigned from a former employer in connection to alleged rule violations.
In January 2019 he voluntarily resigned from his position at Oppenheimer & Company in connection to allegations he texted with customers and devices that were not approved by the firm.
In November 2018 a customer alleged David Reid, while employed at Oppenheimer & Company, executed unauthorized trades and over-concentrated the account in certain sectors. The customer is seeking unspecified damages in the pending complaint.
If you have lost money investing with David Reid, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.