INVESTOR ALERT! Arthur Hoffman of Ameriprise Financial in Glendale, AZ

Shannon Daniels from Cape Girardeau, Missouri Barred from Securities Industry

 

Have you lost money with financial advisor Shannon Daniels of Cape Girardeau, Missouri?  We are investigating allegations made by the Missouri Securities Division, against Shannon K. Daniels, a former representative of U.S. Bancorp Investments.

 

The Missouri Securities Division alleged that Shannon Daniels oversaw several accounts and annuities for a Missouri resident.  It was alleged that between April 2013 to July 2016, Daniels made unauthorized withdrawals from the resident’s account, totaling over $457,000.  It was further alleged that U.S. Bancorp Investments reimbursed the resident for the losses.

 

Shannon Daniels was a financial advisor and registered representative of U.S. Bancorp Investments from November 2011 to July 2016.  She worked at a branch office in Bloomfield, Missouri.  She was terminated by U.S. Bancorp Investments for this conduct.  Daniels has also been indicted by the US Attorney’s office for the Eastern District of Missouri for this conduct.

 

Brokerage firms like U.S. Bancorp Investments have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

 

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Chicago, Illinois; Ann Arbor, Michigan; Denver, Colorado; and the Seattle area.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Missouri and the St. Louis area. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

 

Click to view:  Daniels, Shannon Missouri Order

Click to view:  Daniels, Shannon BrokerCheck 2.24.17

 

IF YOU LOST MONEY WITH SHANNON DANIELS OR U.S. BANCORP INVESTMENTS, PLEASE CONTACT US AT 720-599-3505 FOR A FREE EVALUATION OF YOUR CASE.

 

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency.  Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency.  All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact.  This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice.  Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis.  In contingent representation, clients may still be liable for costs.