Yvonne Lara Silguero of McAllen, Texas, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $100,000.00 in damages based upon allegations that Silguero was negligent, made misrepresentations and omissions of material fact, breached her fiduciary duties, and was unsupervised, in connection with the recommendation and sale of alternative investments when Silguero was associated with LPL Financial LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-02204 (May 24, 2021).
This is not the first time that Silguero has been referenced in a customer initiated investment related dispute concerning Silguero’s conduct in the securities industry. FINRA Public Disclosure shows that Silguero is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer was awarded $1,554,839.70 in damages because LPL Financial LLC was held liable for sales practice violations. FINRA Arbitration No. 17-00904 (Nov. 13, 2019). The Statement of Claim alleged that Silguero breached a contract, violated securities laws, failed to supervise, made misrepresentations, breached a fiduciary duty, made unsuitable recommendations, and violated FINRA rules in connection with the recommendation and sale of non-traded real estate investment trusts when Silguero was associated with LPL Financial LLC.
Silguero has been associated with LPL Financial LLC in McAllen, TX, as a stockbroker and investment advisor representative since March 13, 2008.
