David Hennigan Recommended Unsuitable Energy Investments: If I Lost Money, Can I Sue?

You can sue David Hennigan’s brokerage firm, Wells Fargo, for any losses you may have sustained with him. We are securities attorneys who sue brokerage firms for not reasonably supervising their employees. We do this in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis. Please call our Chicago-based law firm today at 312-332-4200 to find out how. Attorneys are standing by and the call is free. There is no obligation so please call today.
According to his FINRA public records, Mr. Hennigan made unsuitable investment recommendations, misrepresented material facts, executed unauthorized transactions and recommended an unsuitable investment in the energy sector. Energy, oil and gas investments are not suitable for all investors and can be extremely risky and illiquid. A broker has a duty to only recommend those securities that are suitable for his client, by taking into consideration his age, net worth, investment portfolio and investment objectives. If he does not do this, his investment firm can be held liable for losses. Hennigan has been registered with Wells Fargo in Syracuse, New York since 2008. Before that, he was registered with Citigroup in Syracuse from 2000 until 2008 and Merrill Lynch in New York, New York from 1992 until 2000.