Dawson James Securities is based in Boca Raton, Florida. As a broker-dealer registered with the Financial Industry Regulatory Authority (FINRA), Dawson James Securities is required to adopt and implement written supervisory procedures designed to ensure that it is properly and reasonably supervising its financial advisors. In the past, Dawson James Securities has been censured and fined by securities regulators for alleged supervisory failures.
More specifically, in 2017, Dawson James Securities has had alleged supervisory failures related to research and private offerings. In fact, since 2010, Dawson James has had several issues with securities regulators, some related to private offerings, some refer to corporate bonds sales, some involving stock and warrant sales, others relate to the adequacy of its written supervisory procedures. For additional details, see FINRA Brokercheck. In fact, since its registration was approved in 2004, Dawson James Securities has had a total of nine disclosed regulatory events.
Dawson James Securities Complaints
A number of the financial advisors currently employed by Dawson James Securities have FINRA Brokercheck records that might cause some concern as well. If lost funds, please consider talking with an investment fraud lawyer to recover your loses. There are active investigations for several Dawson James Securities financial advisors. For example:
Thomas Russell Curtis (Tom Curtis) is registered with Dawson James Securities in Columbia, MD. Mr. Curtis has been employed by Dawson James since 2008, and his FINRA Brokercheck report discloses a total of five separate customer disputes alleging misrepresentation, issues related to private placement securities and other allegations. While some are denied, others have resulted in settlements or award/judgment.
John Timothy Keyser (John Keyser) is registered with Dawson James Securities in Boca Raton, FL. Mr. Keyser has been employed by Dawson James since 2004, and his FINRA Brokercheck report discloses a total of five separate disclosures including three customer disputes alleging unauthorized trading, churning, negligent misrepresentation, unsuitability, and other allegations. While some are denied, one has resulted in a settlement. Other disclosures refer to a regulatory issue and a previous tax lien issue.
Thomas Richard Fox (Thomas Fox) is registered with Dawson James Securities in Boca Raton, FL. Mr. Fox has been employed by Dawson James since 2012, and his FINRA Brokercheck report discloses a total of seven separate disclosures including two customer dispute disclosures (one settled and one denied) alleging unsuitability and unethical behavior. Other disclosures include tax lien issues, and a bankruptcy that was dismissed.
Frank Philip Fusco (Frank Fusco) is registered with Dawson James Securities in New York, NY. Mr. Fusco has been employed by Dawson James since 2017, and his FINRA Brokercheck report discloses a total of four separate customer disputes alleging unauthorized trading, unsuitability and excessive trading. While two of those disputes are denied, two remain pending (as of July 2019). In addition, Mr. Fusco’s FINRA brokercheck also discloses a bankruptcy discharge in 2018.