Sooke man files lawsuit after losing $415M in investments
WEB9 hours ago · Christopher DeVocht, who is in his thirties, filed a civil claim on Oct. 1 in the Supreme Court of B.C. in Vancouver against three companies, alleging breach of contract and negligence.
B.C. man sues RBC after earning then losing $415M on Tesla stocks
WEB4 days ago · Christopher DeVocht claims that RBC Dominion Securities Inc., RBC Wealth Management Financial Services Inc., and Grant Thornton LLP breached contracts, were negligent in their duties...
Day Trader Says He Made $306 Million on Tesla, Then Lost It All
WEB4 days ago · Within two years, he’d turned that into C$415 million ($306 million), he says. Some people would have cashed out. DeVocht didn’t. And when Tesla stock fell in 2022, he lost it all, according ...
Man turns $88K into $415M with Tesla, then sues after losing it all
WEB4 days ago · Christopher DeVocht claimed RBC Dominion Securities set him up with a margin account and substantial loans that ultimately backfired, wiping out his entire investment portfolio, Stockwatch ...
Day Trader Says He Made $306 Million on Tesla, Then Lost It All
WEB4 days ago · DeVocht and his corporation are seeking general damages for breach of contract and negligence. His claim also alleges that Royal Bank’s recommendations to make C$25.5 million in charitable donations further eroded a significant chunk of his wealth.
Canada Man’s $415 Million Tesla Fortune Vanishes, Sues RBC
WEB3 days ago · A carpenter from Sooke, a municipality located in Greater Victoria on Vancouver Island, British Columbia, Canada, is suing the Royal Bank of Canada and an accounting firm after turning an $88,000 CAD investment in Tesla into $415 million—only to lose it all. Christopher DeVocht claims RBC Dominion Securities, RBC Wealth Management Financial Services, and Grant - A carpenter from Sooke, a ...
Carpenter claims he made $415 million on Tesla, then lost it all
WEB4 days ago · Christopher DeVocht, a carpenter from Vancouver Island, says he started out like a lot of day traders. After work, he’d read about trading on forums. His favourite things to trade were options on Tesla Inc. stock. Then he went on what has to be one of the hottest hot streaks in the history of financial markets, according to a legal filing.
Canadian Tesla investor who lost $415 million fortune sues RBC …
WEB3 days ago · A British Columbia man is suing his bank and accounting firm over alleged bad financial advice after losing his entire investment portfolio, which topped $415 million at its peak. That investor is Christopher DeVocht l, who was a part-time investor with around $88,000 of Tesla stock when he started his RBC portfolio at the end of 2019 ...
‘Insane’ twist as ex-tradie builds $415 million ... - news.com.au
WEBChristopher DeVocht managed to turn $88,000 into $415 million after quitting carpentry for health reasons - before losing it all.
B.C. man files suit against RBC over investment advice
WEB21 hours ago · Devocht now claims that the advice he received, geared mainly toward minimizing taxes, was negligent and failed to take into account his level of financial sophistication. His Tesla investment strategy involved loans from a Royal Bank margin account. “RBC considered Mr. Devocht to be a sophisticated investor,” according to …
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