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I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. I use this blog to bring attention to regulatory filings involving financial advisors, current events in securities and cases in the financial services industry, and to help investors understand their rights and options for financial recovery. Questions? Contact me online or call anytime at 844-689-5754

David Lyle Bahnsen, Formerly of Hightower Securities, Named in Customer Dispute Alleging Unsuitable Investment Recommendations

INVESTORS: Former Hightower Securities broker David Lyle Bahnsen was named in a customer dispute alleging he recommended unsuitable investments.

David Lyle Bahnsen (CRD: 4445322) was registered as a broker with Hightower Securities, where was employed from 2015 until 2022. Bahnsen was previously registered as a broker with Morgan Stanley from 2009 until 2015.

Bahnsen has two disclosures on his BrokerCheck report. One customer dispute filed against Bahnsen was denied.

December 2021 Customer Dispute

Status: Pending

Allegations: Claimant alleges, inter alia, unsuitability with regards to managed account – December 2008 to March 2015.

Damage Amount Requested: $5,000,000.00

The Sonn Law Group is currently investigating allegations surrounding David Lyle Bahnsen. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.

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