Previously fired by RBC Capital Markets of La Jolla, California, broker David Roger Hirons joined Wedbush Securities of San Diego in 2018, recently accruing a customer dispute alleging unauthorized trades resulting in hundreds of thousands of dollars in damages.
According to the pending dispute, David Hirons (CRD #2424566) was responsible for trade execution errors in a cash account that was later moved to a margin account, allegedly causing the account to enter on-call status, which "resulted in liquidation and losing money."
Specifically, the claim requests damages of $712,080.
Hirons' recent registration history in the Southern California area includes AG Edwards & Sons of San Diego (2002-08), Wells Fargo Advisors of San Diego (2008-14), RBC Capital Markets of La Jolla (2014-18), and Wedbush Securities of San Diego (2018-present). Hirons' affiliation with each firm includes (or included) registration as both a broker and as an investment adviser.
Hirons' file also lists a prior customer dispute settled in 2009 that alleged misrepresentation for investments in a managed futures fund, as well as outside business activities in real estate app Realstir Inc, Behavioral Recognition Systems, and Imagetech Corp.
If you have invested with ex-RBC Capital Markets and current Wedbush Securities broker David Roger Hirons or with any financial adviser or representative whose unauthorized trading or transaction errors have proven harmful to your investments or interests, such as exposing an account to liquidation and other excessive or unexpected risk and losses, please call an experienced FINRA arbitration attorney at The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.