Dave Stephens is Involved in a Renewable Energy Credit Dispute

Dave Stephens (CRD #: 4631818), a broker registered with MML Investors Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 10, 2023. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On April 12, 2024, an investor alleged that she relied on Dave Stephens’ knowledge of Renewable Energy Credits, which she believed were tax savings investments. She alleges she has been harmed financially.

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate this rule. 

Background Information 

Dave Stephens has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He is a registered investment adviser and broker in Virginia. He is a registered broker in Florida, Illinois, Maryland, New Jersey, and North Carolina.

During his 21 years of experience, Dave Stephens has registered with three firms: 

• MML Investors Services (CRD #: 10409) 
• Park Avenue Securities (CRD #: 46173) 
• Royal Alliance Associates (CRD #: 23131) 

Kurta Law Can Help 

If you have worked with Dave Stephens and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.