Daniel Ray Saur of Dallas Texas a stockbroker currently registered with Kalos Capital Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $60,000.00 in damages founded on accusations that (1) investment recommendations concerning real estate security and oil and gas products failed to be suitable for the customer and (2) there was a lack of due diligence undertaken by Kalos Capital Inc. before recommendations had been made and (3) Saur’s activities failed to be supervised by Kalos Capital Inc. causing the customer losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-00046 (Jan. 12, 2018).

FINRA Public Disclosure confirms that Saur is referenced in two additional customer initiated investment related disputes that concern allegations of his misconduct during the period in which he was associated with D.R. Saur Financial and Kalos Capital Inc. In particular, a customer initiated investment related arbitration claim in regard to Saur’s activities was settled for $87,194.80 in damages based upon accusations that the customer was sold a life settlement contract – a supposedly unregistered security – which caused the customer to incur losses. FINRA Arbitration No. 15-02389 (Mar. 20, 2017).

Moreover, a customer filed an investment related arbitration claim involving Saur’s activities where the customer sought up to $870,000.00 in damages supported by allegations that bad advice had been provided to the customer concerning viatical settlements and real estate securities; and Kalos Capital Inc. failed to supervise Saur’s activities in the customer’s investment account. FINRA Arbitration No. 17-03335 (Dec. 19, 2017).

Saur has been employed by Kalos Capital Inc. since April 7, 2008.

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Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

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