Laura Ortega Shean of Medford Oregon is a stockbroker formerly registered with LPL Financial LLC who has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by consenting to findings that she converted a customer’s funds. Letter of Acceptance Waiver and Consent, No. 2017056236901 (Apr. 3, 2018).

According to the AWC, from March of 2017 to October of 2017, $124,000.00 in tax payments had been made by Shean to the Internal Revenue Service for Shean’s own personal benefit despite Shean having inappropriately caused the Internal Revenue Service to retrieve the funds from a brokerage account owned by one of the firm’s customers. FINRA concluded that Shean converted the customer’s funds; conduct violative of FINRA Rules 2010 and 2510(a).

FINRA Public Disclosure confirms that Shean was fired by LPL Financial on November 2, 2017 founded on allegations that Shean admitted to having accessed the funds belonging to the customer for Shean’s own personnel use.

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