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Darrell Duane Smith & Energae / I-Lenders

We are investigating financial advisor Darrell Duane Smith for sales of Energae/I-Lenders. Mr. Smith in March of 2012 was “permitted to resign” after “a client alleged he signed a variable annuity application with the client’s consent, in violation of the firm’s policies.” Darrell Smith also has at least three customer complaints on his CRD report. According to a recently filed FINRA arbitration claim, Smith allegedly misled investors to believe he would invest their savings safely for high returns and tax benefits in an North Dakota ethanol production program called Energae/I-Lenders. His former employer, Cetera Advisors formerly known as Multi-Financial Securities Corp. (from February 2001 until March of 2012) was responsible for supervising his activities during the time he was affiliated with them. Often in these sorts of cases, there are red flags of potential misconduct that should have alerted the brokerage firm to his wrongdoing. For clients of Darrell Smith who wish to sue him, Multi-Financial Securities might be the best target due to their supervisory obligations over him. To learn about ALL legal options, please call us at 312-332-4200 for a no cost obligation review of your case by a lawyer.

Client Reviews
Alex is a very aggressive and hardworking attorney. Alex settled my Illinois Wage Payment and Collection Act case for double the amount my prior attorney asked for when the lawsuit was originally filed. I highly recommend Alex Loftus for any unpaid wage or commission claims. David R.
Alexander is a very detailed , highly educated attorney. Alexander represented me in a breach of Fiduciary and breach of contract case with a bank. Great job, great recommendations from Alexander on what to do and how to react to their nonsense and lies. we won the cases. Alexander really takes the time to make sure everything is done correctly and within the law. Mike M.
Attorney Loftus is prompt and highly skilled. I am an artist and he was swift to protect my professional work portfolio and contract with his knowledge of copyright law. Attorney Loftus is bold, professional and compassionate. Amber V.