Tag Archives: LPL Financial L.L.C.

FINRA Bars LPL Financial Stockbroker In Investigation

John Lee Scott, of Phoenix, Arizona, a stockbroker formerly registered with LPL Financial LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he failed to comply with the regulator during the time that he was under investigation for engaging in outside business activities […]

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Investors Accuse SII Investments Of Unsuitable Trading

Robert C. Fross, of The Villages, Florida, a stockbroker formerly registered with SII Investments Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $14,999.00 in damages supported by allegations that the customer was placed into an unsuitable real estate investment trust by Fross during the time that […]

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LPL Stockbroker Charged By SEC In Promissory Note Scam

Todd Anthony Esh of Shawnee Kansas a stockbroker formerly registered with LPL Financial LLC has been barred by Securities and Exchange Commission (SEC) from being a stockbroker or an investment adviser representative founded on accusations of Esh making omissions and misrepresentations to investors. In the Matter of Todd A. Esh Order Instituting Administrative Proceedings Case […]

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Investors Accuse First Allied Securities Of Breach Of Fiduciary Duty

Mark Alan Haenny of Loveland Colorado a stockbroker formerly registered with First Allied Securities Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $55,000.00 in damages based upon accusations including negligence and unsuitable recommendations by Haenny as it pertained to LPs and DPPs during the period that […]

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FINRA Sanctions LPL Stockbroker For Falsifying Records

November 12, 2021  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

Ronald Leonard Whittingham (also known as Ron Whittingham) of Orland Park Illinois a stockbroker formerly registered with LPL Financial LLC has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that false information had been placed on documents by Whittingham […]

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LPL Financial Stockbroker Sanctioned For Unauthorized Trading

November 08, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on LPL Financial Stockbroker Sanctioned For Unauthorized Trading

Michael Miles Hartlett (also known as Mike Hartlett) of East Petersburg Pennsylvania a stockbroker formerly registered with LPL Financial LLC has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he engaged in unauthorized trading of a customer’s account when he was […]

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Investors File Securities Arbitration Claim Against LPL Financial For Breach Of Fiduciary Duty

October 19, 2021  |   Posted by :   |   Breach of Fiduciary Duty, Failure to Conduct Due Diligence, Failure To Supervise, FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Unsuitable Investment Recommendations   |   Comments Off on Investors File Securities Arbitration Claim Against LPL Financial For Breach Of Fiduciary Duty

Jeffrey Guy LaBelle (also known as Jeff LaBelle) of Sarasota Florida a stockbroker formerly registered with LPL Financial LLC and First Allied Securities Inc. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $350,000.00 in damages based upon allegations that LaBelle breached a contract and breached a […]

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FINRA Bars LPL Financial Stockbroker In Elder Theft Investigation

October 19, 2021  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on FINRA Bars LPL Financial Stockbroker In Elder Theft Investigation

Eric Shea Hollifield of Dacula Georgia a stockbroker formerly registered with LPL Financial LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he did not cooperate with FINRA investigators during an investigation into his possible conversion of an elderly customer’s funds during the […]

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Investors File Securities Arbitration Against LPL Financial For Misrepresentation

October 19, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Securities Arbitration Against LPL Financial For Misrepresentation

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 […]

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Investors File Arbitration Claim Against LPL Financial

October 08, 2021  |   Posted by :   |   Failure to Diversify, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against LPL Financial

Joseph Don Malboeuf of Colchester Vermont a stockbroker currently registered with LPL Financial LLC is referenced in a customer initiated investment related complaint which was settled for $85,000.00 in damages on July 19, 2020 founded on accusations that the customer’s account was not properly allocated in mutual funds according to their instructions between October 1, […]

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Investors Accuse Wells Fargo Of The Sale of Unsuitable Investments

October 08, 2021  |   Posted by :   |   Churning, FINRA Securities Arbitration, Investment and Regulatory News, Unauthorized Trading, Unsuitable Investment Recommendations   |   Comments Off on Investors Accuse Wells Fargo Of The Sale of Unsuitable Investments

Thomas Boley Hunt of Twin Falls Idaho a stockbroker currently registered with Wells Fargo Advisors is the subject of a customer initiated investment related written complaint which was resolved for $20,000.00 in damages on July 22, 2020 supported by allegations that Hunt’s transactions at Wells Fargo Advisors were not suitable for the customer. Hunt has […]

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LPL Financial Stockbroker Accused Of Unsuitable Investment Recommendations

October 08, 2021  |   Posted by :   |   Customer Loans, Investment and Regulatory News, Misappropriation of Funds, Unsuitable Investment Recommendations   |   Comments Off on LPL Financial Stockbroker Accused Of Unsuitable Investment Recommendations

Christopher Bryan Black (also known as Chris Bryan Black) of Statesboro Georgia a stockbroker formerly registered with LPL Financial LLC is the subject of a customer initiated investment related written complaint on May 21, 2021, where the customer sought $84,166.22 in damages based upon accusations that Black provided unsuitable recommendations to them concerning municipal bonds […]

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Wells Fargo Stockbroker Barred By FINRA In Loan Investigation

October 08, 2021  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   Comments Off on Wells Fargo Stockbroker Barred By FINRA In Loan Investigation

Courtney Michelle Kaplan (also known as Courtney Michelle Carlsen, Courtney Michelle Ingram, and Courtney Ingram Yarmesch) of Tampa Florida a stockbroker formerly registered with Wells Fargo Clearing Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that she failed to comply with a FINRA […]

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LPL Stockbroker Barred For Selling Away Promissory Notes

September 16, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on LPL Stockbroker Barred For Selling Away Promissory Notes

Kerry Lee Hoffman of Mundelein Illinois a stockbroker formerly registered with LPL Financial LLC has been barred by Securities and Exchange Commission (SEC) from being a stockbroker or investment adviser representative and barred from associating with securities firms across the country according to an Order based on allegations of Hoffman violating securities laws relating to […]

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Investors Accuse LPL Financial Of Unsuitable Alternative Investment Recommendations

September 03, 2021  |   Posted by :   |   Alternative Investments, Business Development Companies, Elder Financial Abuse, Investment and Regulatory News   |   Comments Off on Investors Accuse LPL Financial Of Unsuitable Alternative Investment Recommendations

Donald Stephen Woods of Louisville Kentucky a stockbroker formerly registered with LPL Financial LLC is the subject of a customer initiated investment related written complaint on April 30, 2021 where the customer sought $69,000.00 in damages based upon accusations of Woods making unsuitable recommendations of business development companies and real estate securities when he was […]

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LPL Stockbroker Sanctioned By FINRA For Forgery

September 03, 2021  |   Posted by :   |   Forgery, Investment and Regulatory News, Variable Annuites   |   Comments Off on LPL Stockbroker Sanctioned By FINRA For Forgery

Joffre Salazar (also known as Jeff Salazar) of Staten Island New York a stockbroker formerly registered with LPL Financial LLC has been fined $5,000.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Salazar forged signatures of customers on documents to effect […]

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LPL Financial Stockbroker Investigated For Sale Of Unsuitable Investments

September 03, 2021  |   Posted by :   |   Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on LPL Financial Stockbroker Investigated For Sale Of Unsuitable Investments

Michael Joseph Lancaster of Tampa Florida a stockbroker formerly registered with NFP Securities Inc. and LPL Financial LLC is referenced in a Financial Industry Regulatory Authority (FINRA) inquiry in which FINRA is reviewing a customer initiated investment related complaints alleging misrepresentation and the recommendation of unsuitable investments. Case No. 20210704636 (Mar. 22, 2021). Lancaster has […]

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SEC Obtains Judgement Against LPL Stockbroker For Fraud

September 01, 2021  |   Posted by :   |   Investment and Regulatory News, Misappropriation of Funds, Securities Fraud, Stockbroker Theft   |   Comments Off on SEC Obtains Judgement Against LPL Stockbroker For Fraud

James Thomas Booth of Norwalk Connecticut a stockbroker formerly registered with LPL Financial LLC is named in a Securities and Exchange Commission (SEC) lawsuit in which SEC obtained a judgment which restrains and enjoins Booth from further violating federal securities laws based upon findings of Booth defrauding investors. Case No. 3:19-cv-01535 (Feb. 19, 2021). SEC […]

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FINRA Bars LPL Stockbroker In Investigation

August 06, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Bars LPL Stockbroker In Investigation

Jason C. LaBelle of Pittsfield Massachusetts a stockbroker formerly registered with LPL Financial LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he failed to comply with FINRA when he was under investigation for violating the terms of a 2020 disciplinary action against […]

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SEC Charges LPL Stockbroker With Fraud

July 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Misappropriation of Funds, Securities Fraud, Stockbroker Theft   |   Comments Off on SEC Charges LPL Stockbroker With Fraud

James Kenneth Couture of Worchester Massachusetts a former stockbroker of LPL Financial LLC and former investment adviser representative of Private Wealth Management Group has been charged by Securities and Exchange Commission (SEC) with taking part in a scheme to misappropriate $2,900,000.00 from investors. Civil Action No. 1:21-CV-10908 (D. Mass June 1, 2021). According to the […]

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FINRA Bars LPL Stockbroker In Investigation

May 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Selling Away and Outside Activities, Unsuitable Investment Recommendations   |   Comments Off on FINRA Bars LPL Stockbroker In Investigation

John Edgar Simmons Jr. of Gulf Breeze Florida a stockbroker formerly registered with LPL Financial LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Simmons failed to cooperate with FINRA’s investigation which focused on whether he engaged in unapproved private securities transactions. Letter […]

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LPL Stockbroker Sanctioned For Outside Business Activities

May 31, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on LPL Stockbroker Sanctioned For Outside Business Activities

Jason Howell Poff of Houston Texas a stockbroker formerly registered with LPL Financial LLC has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Poff engaged in outside business activities that were neither disclosed to nor approved by LPL […]

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Investors File Securities Arbitration Claim Against LPL Financial For Stockbroker Theft

April 18, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Investors File Securities Arbitration Claim Against LPL Financial For Stockbroker Theft

Matthew O. Clason of Glastonbury Connecticut a stockbroker formerly registered with LPL Financial LLC is the subject of a customer initiated investment related FINRA securities arbitration claim which settled for $1,000,000.00 in damages on February 22, 2021 based upon accusations that the customer’s assets had been converted by Clason between 2015 and 2020 while Clason […]

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FINRA Bars LPL Stockbroker In Investigation

March 18, 2021  |   Posted by :   |   FINRA Securities Arbitration, Forgery, Investment and Regulatory News, Ponzi Schemes, Selling Away and Outside Activities   |   Comments Off on FINRA Bars LPL Stockbroker In Investigation

Rhett Douglas Bedwell of Rogers Arizona a stockbroker formerly registered with LPL Financial LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he failed to comply with the regulator when he was being investigated for using forged documentation to transition a customer’s assets […]

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LPL Stockbroker Barred In FINRA Investigation

March 08, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on LPL Stockbroker Barred In FINRA Investigation

Bradley Allen Goodbred of Roselle Illinois a stockbroker formerly registered with LPL Financial LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he neglected to comply with a FINRA investigation into accusations of his outside business activities during the time that he was […]

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Investors File Arbitration Claim Against LPL Financial

March 08, 2021  |   Posted by :   |   FINRA Securities Arbitration, Forgery, Investment and Regulatory News, Non-traded REITs   |   Comments Off on Investors File Arbitration Claim Against LPL Financial

Kevin Charles Fretz of South Windsor Connecticut 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 compensatory damages founded on accusations of unsuitable real estate investment trust recommendations by Fretz during the time that he was associated with […]

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Investors File Arbitration Claim Against LPL Financial

February 16, 2021  |   Posted by :   |   Alternative Investments, FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors File Arbitration Claim Against LPL Financial

Maryanne Virginia Bessler of Lynbrook New York a stockbroker currently registered with LPL Financial LLC is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $158,086.56 in damages founded on allegations that the customer had been advised by Bessler to invest in alternative investments and annuities when those […]

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LPL Stockbroker Sanctioned For Unauthorized Trading

February 01, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on LPL Stockbroker Sanctioned For Unauthorized Trading

Arthur Obermeier (also known as Art Obermeier) of Boulder Colorado a stockbroker formerly registered with LPL Financial has been fined $5,000.00 and suspended for 60 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Obermeier executed unauthorized trades in the accounts of LPL Financial customers. Letter […]

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FINRA Bars LPL Stockbroker In Investigation

February 01, 2021  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   Comments Off on FINRA Bars LPL Stockbroker In Investigation

Christopher Bryan Black of Statesboro Georgia a stockbroker formerly registered with LPL Financial has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he did not comply with FINRA Department of Enforcement during its investigation into loans that Black possibly received from a customer of […]

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LPL Stockbroker Charged With Outside Business Activity

January 19, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on LPL Stockbroker Charged With Outside Business Activity

Jason Howell Poff of Houston Texas a former stockbroker and investment adviser representative of LPL Financial LLC has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with engaging in outside business activities that were not approved by the securities broker dealer. Department of Enforcement v. Jason Howell Poff Disciplinary Proceeding No. 2018058501502 […]

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