Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 1, 2019 indicate that former Washington-based Waddell & Reed broker Donald Logan, who has received a customer dispute, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Logan (CRD# 5537486).
Donald Logan has spent nine years in the securities industry and was most recently registered with Waddell & Reed in Silverdale, Washington (2015-2018). He was previously registered with Edward Jones in Silverdale, Washington (2008-2015). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on August 14, 2008; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on August 5, 2008. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint, was discharged from two former employers in connection to alleged rule violations, and was recently named in a FINRA investigation into alleged rule violations.
In September 2018 he was terminated from his position at Waddell & Reed in connection to allegations he possessed multiple blank client-signed forms and altered client-signed documents, in violation of firm policies and procedures.
In July 2018 he was named in a FINRA investigation that recommended disciplinary action be brought against him for alleged violations of NASD and FINRA rules. The action remains pending.
In 2015 a customer alleged Donald Logan, while employed at Edward Jones, informed him that returns from investments would pay the premiums connected with an AG Secure Survivor GUL II policy purchased in 2015. The complaint settled for $22,721.
In 2015 he was terminated from his position at Edward Jones in connection to allegations he violated firm policy regarding discretionary orders.
If you or someone you know has lost money investing with Edward Jones, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.