David Krumrey, Broker Investigation

Financial Advisor David Krumrey, Oppenheimer & Co. in The Woodlands, TX

David Krumrey Reportedly Barred from the Securities Industry

According to public records on the Financial Industry Regulatory Authority (FINRA) website, the regulator reportedly barred David Krumrey on April 6, 2018, from association with any FINRA member in any capacity. Respondent failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he was automatically barred from association with any FINRA member in any capacity.

According to his broker profile, Krumrey was reportedly registered with Oppenheimer & Co. in The Woodlands, TX from 2009 until 2017 when he was reportedly dismissed for “attempting to settle a complaint away from the Firm.”

His broker report indicates six customer complaints have been filed against him since 2017, with one reportedly still pending. Allegations include unsuitability, breach of fiduciary duty and negligence, among others.

Investigating Potential Lawsuits

The White Law Group is investigating potential lawsuits regarding the liability that Krumrey’s former employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unauthorized trades or unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including Texas. Our attorneys have recovered millions of dollars from many brokerage firms in the past.

If you are concerned about your investments with David Krumrey, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.

For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.