Samuel Izaguirre of Miami Lakes Florida a stockbroker currently registered with LPL Financial LLC is the subject of a customer initiated investment related FINRA securities arbitration claim which was resolved for $120,000.00 in damages supported by allegations of the customer being misled regarding details of alternative investments held in their account during the period that Izaguirre was associated with LPL Financial. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-02122 (March 22, 2021). According to the claim, the customer sustained losses on a variable annuity because of Izaguirre.
Izaguirre has been identified in two additional customer initiated investment related disputes containing accusations of his improper actions during the time that he was registered with Chase Investment Services Corp. FINRA Public Disclosure shows that a customer initiated investment related complaint concerning Izaguirre’s activities was settled for $10,949.00 in damages founded on allegations that a mutual fund had been misrepresented by Izaguirre during the time that he was associated with Chase Investment Services Corp.
On July 10, 2020, another customer initiated investment related FINRA securities arbitration claim involving Izaguirre’s conduct was resolved for $39,000.00 in damages based upon accusations of Izaguirre making misrepresentations regarding a real estate security transaction. FINRA Arbitration No. 19-02321. The claim alleges breach of contract and breach of fiduciary duty concerning the securities transaction. Allegations also include negligence, violation of FINRA rules, and LPL Financial’s failure to supervise Izaguirre’s activities.
Izaguirre has been registered with LPL Financial as a stockbroker since February 1, 2011, and as an investment adviser representative since April 4, 2019.
