Robert Joseph Earls Jr., of Roanoke, Virginia, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested damages based upon the alleged unsuitable investment recommendation of real estate securities when Earls was associated with LPL Financial LLC. FINRA Arbitration No. 24-00611 (March 18, 2024).
FINRA Public Disclosure shows that Earls is referenced in four other customer initiated investment related disputes concerning Earls’ conduct while associated with securities broker dealers. On February 7, 2024, a customer filed an investment related complaint involving Earls’ conduct in which the customer requested damages based upon alleged misappropriation of funds during the time that Earls was associated with LPL Financial LLC.
On March 8, 2024, a customer filed an investment related complaint involving Earls’s conduct in which the customer requested $20,000.00 in damages based upon the alleged failure to return funds to the customer.
On March 14, 2024, a customer filed an investment related FINRA securities arbitration claim involving Earls’s conduct in which the customer requested $1,100,000.00 in damages relating to funds the customer thought were invested in outside investment accounts. FINRA Arbitration No. 24-00577.
Earls was also referenced in a customer initiated investment related complaint that was settled on March 22, 2024, for $21,139.08 in damages based upon alleged failure to follow instructions when Earls was associated with LPL Financial LLC.
Public Disclosure also shows that as of February 28, 2014, U.S. Department of Justice for the Western District of Virginia is conducting a grand jury investigation of Earls related to allegations of misappropriation in customers’ accounts. This investigation is ongoing.
Earls was associated with LPL Financial LLC in Roanoke, Virginia, from January 30, 2001, to February 27, 2024.
