David Wall, Formerly of Voya Financial, Named in Three Pending Customer Disputes Alleging Unsuitable Recommendations

The pending customer complaints are seeking over $10M in damages, collectively. 

David Wall (CRD#: 1651874) was registered as a broker with Voya Financial from 2013 until 2021. Previously, Wall was registered as a broker with Capital Investment Group from 2012 until 2013. Wall was also registered as a broker with Raymond James & Associates from 1994 until 2012. 

Wall has four disclosures on his BrokerCheck report.

December 2020 Customer Dispute

• Status: Pending
• Allegations: Allegations include unsuitable, illiquid investments were recommended in 2014.

July 2020 Customer Dispute

• Status: Pending
• Allegations: Allegations within the Statement of Claim include representative (and others) solicited the sale of unsuitable securities.
• Damage Amount Requested: $5,000,000.00

July 2020 Customer Dispute

• Status: Pending
• Allegations: Allegations within the Statement of Claim include representative (and others) solicited the sale of unsuitable securities.
• Damage Amount Requested: $5,000,000.00

September 1992 Employment Separation After Allegations

• Firm Name: MONY Securities
• Termination Type: Permitted to Resign
• Allegations: Forgery of new account form with no loss of claims incurred.
• Broker Comment: A letter of caution was issued to me as an informal NASD action. This letter cautioned me that a recurrence of the above described allegation could result in formal disciplinary action against me by the district business conduct committee. The NASD considers this matter resolved.

Contact Us Today

The Sonn Law Group is currently investigating allegations surrounding David Wall. 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.