Donald Stephen Woods of Louisville Kentucky a stockbroker formerly employed by LPL Financial LLC is referenced in a customer initiated investment related written complaint which settled on March 1, 2017 for $10,722.00 supported by accusations that misrepresentations had been made to the customer regarding structured products investments.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Woods has been identified in two more customer initiated investment related disputes pertaining to allegations of his misconduct during the time that he was registered with LPL Financial. In particular, on November 4, 2016, a customer filed an investment related complaint concerning Woods’ activities where the customer requested damages estimated to exceed $5,000.00 founded on accusations that the customer’s account was mismanaged, and alternative investment transactions were executed in the customer’s account that were not suitable for the customer.
Then, on March 15, 2018, a customer filed an investment related complaint regarding Woods’ activities where the customer requested damages estimated to exceed $5,000.00 based upon allegations that the customer’s account documentation had been altered, transactions were not effected in a timely fashion, and the alternative investment, mutual fund and variable annuity holdings were not appropriate for the customer and had been misrepresented.
Woods’ registration with LPL Financial LLC was terminated on January 20, 2017. Since December 22, 2016, Woods has been employed by Thurston Springer Financial.
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