Diego Canalda is the Subject of an Investor Dispute

Diego Canalda (CRD #: 2952690), a broker registered with Stifel, Nicolaus & Company, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on May 31, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On March 4, 2024, an investor alleged that Diego Canalda misrepresented an unsuitable bond. The investor sought $203,478.19 but the dispute was denied by the firm. Investors should know that firms can deny disputes without any external review. You may still be able to recover losses following a denial. 

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.

Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

Background Information 

Diego Canalda 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 

He is a registered broker in 25 states and Puerto Rico. He is a registered investment adviser in Florida and Texas. 

During his 25 years of experience, Diego Canalda has registered with six firms: 

• Stifel, Nicolaus & Company (CRD #: 793) 
• Raymond James & Associates (CRD #: 705) 
• Deutsche Bank Securities (CRD #: 2525) 
• Barclays Capital (CRD #: 19714) 
• Lehman Brothers (CRD #: 7506) 
• Standard New York Securities (CRD #: 35560) 

Kurta Law Can Help 

If you have worked with Diego Canalda 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.