Tag Archives: Kevin Marshall McCallum

LPL Stockbroker Sanctioned For Unsuitable Recommendations

July 07, 2021  |   Posted by :   |   Business Development Companies, FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on LPL Stockbroker Sanctioned For Unsuitable Recommendations

Kevin Marshall McCallum of Birmingham Alabama a stockbroker formerly registered with LPL Financial LLC has been fined $25,000.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he provided customers with unsuitable recommendations relating to a speculative business development company. Letter of […]

Read More »

LPL Sued By Investors For Unsuitable Trading

February 16, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Over Concentration, Unsuitable Investment Recommendations   |   Comments Off on LPL Sued By Investors For Unsuitable Trading

Kevin Marshall McCallum of Birmingham Alabama a stockbroker formerly registered with LPL Financial LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $4,800,000.00 in damages based upon allegations of the stockbroker making unsuitable trades involving closed end funds during the period that he was registered […]

Read More »

Investors Sue LPL For Unauthorized Trading

June 24, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Investors Sue LPL For Unauthorized Trading

Kevin Marshall McCallum of Birmingham Alabama a stockbroker formerly associated with LPL Financial LLC has been referenced in a customer initiated investment related arbitration claim in which the customer requested damages estimated to exceed $5,000.00 supported by allegations that unauthorized transactions were facilitated in the customer’s account during the period in which McCallum was employed […]

Read More »