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David Heide Allegedly Misrepresented a Hedge Fund Investment

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
October 28, 2025 at 11:19am

David Heide (CRD #: 2112032), a broker registered with RBC Capital Markets, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 28, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On August 20, 2025, an investor alleged that David Heide misrepresented the portfolio allocations being made in a hedge fund investment.

Misrepresentation

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of information, such as an investment’s potential returns, risks, fees, or limitations.

Background Information

David Heide has passed the following exams:

  • Series 66 Uniform Combined State Law Examination
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 3 National Commodity Futures Examination
  • Series 7 General Securities Representative Examination 
  • Series 10 General Securities Sales Supervisor – General Module Examination 
  • Series 9 General Securities Sales Supervisor – Options Module Examination
  • Series 8 General Securities Sales Supervisor Examination (Options Module & General Module) 

He has registered with the following firms:

  • RBC Capital Markets (CRD #: 31194)
  • Wells Fargo Advisors (CRD #: 19616)
  • G. Edwards & Sons (CRD #: 4)
  • Edward D. Jones & Co. (CRD #: 250)

Kurta Law Can Help

If you worked with David Heide and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want 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. 

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