LPL Financial, a major financial services and investment firm is believed to have been in business for some 49 years, has and continues to face many customer complaints from investors. While the overwhelming majority of financial advisors affiliated with LPL Financial may do a fine job for their clients, perhaps it is the sheer size of the company or other issues that may cause some occasional mistakes or impropriety. Let’s start with the big picture, the company appears to hold a “B” rating with the Better Business Bureau and may even lack BBB accreditation. For some investors and consumers, that alone may be a signal to do more research before making any decisions.
Over the years, investor clients have filed numerous customer complaints related to LPL Financial ranging from issues that include unsuitable investment recommendations, breaches of fiduciary duty, and negligent financial advisor supervision, among other issues. It is believed that overall, the firm may have paid over $100 million in fines and settlements for various misconduct, negligence, and supervisory failures as well as other related civil and regulatory issues over the years.
LPL Financial has faced numerous regulatory fines and penalties over the years, totaling a significant amount. A review of publicly available records reflects some of these examples:
- $6.5 million fine from FINRA in 2020 for supervisory related issues
- $40 million charge related to SEC investigation of electronic communications in 2023
- $18 million fine from SEC in 2025 for anti-money laundering policy failures
- Potential $50 million fine from SEC for recordkeeping failures, disclosed in 2024
- $3 million fine from FINRA in 2023 for failing to catch fraudulent transfers
- $11.7 million in FINRA fines or sanctions in 2015
Additionally, there are a number of examples at the state and federal level involving securities regulators that mention other fines, including $70 million in fines and restitution to customers in 2014 and 2015, $2.75 million fine from FINRA in 2018, and smaller fines ranging from $100,000 to $500,000 for various other types of infractions and violations.
FINRA, the SEC and other self-regulatory and government-related agencies have imposed significant fines and penalties on LPL Financial. State securities regulators have also fined, sanctioned and penalized the company for similar matters over the years.
Many investor customers report issues related to commission and fee rates, unsuitable investment products or investment strategies. Many issues are raised privately and confidentially within an arbitration setting, and only some of these matters become public after arbitration awards are published, or regulatory matters are concluded and reported, or class-action or other public lawsuits are filed and reported on by the media. .
Key Takeaways
- LPL Financial has likely paid over $100 million in fines for negligence, impropriety, or failing to supervise financial advisors properly.
- One example is a recent $6.3 million FINRA fine for sales charge waiver issues.
- Common customer complaints include unsuitable investment recommendations, breach of fiduciary duty, negligence, supervisory issues, etc.
- In September 2021, the SEC alleged LPL with anti-money laundering violations, resulting in $4.8 million in penalties or fines for failing to verify customer identification.
- A class-action lawsuit filed July 17, 2024 claims LPL put profits ahead of clients by forcing them into low-interest cash sweep programs.
- Investors often complain to state or federal regulators, often to little or no avail, and they should seek legal help from experienced securities arbitration attorneys such as Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Common Investor Customer Complaints About LPL Financial
LPL Financial has faced many investor customer complaints over the years. While the overwhelming number of financial advisors do a fine job for client investors at LPL Financial and other firms, there are a small percentage that raise issues of concern. These concerning issues range from claims about negligent investment advice to sales practice and supervision related issues.
Unsuitability of Investment Recommendations
Many LPL Financial clients have filed customer complaints involving unsuitable investment recommendations, sales practice issues including misrepresentation of risks, supervision and other related issues. Many of these claims are filed as confidential, private FINRA arbitration claims, and most investor clients choose to rely upon experienced investment fraud lawyers to help them navigate through those proceedings and to help them obtain the best possible results. If you have questions, or wish to learn more, contact an experienced investment fraud law firm, as firms such as Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com) often provide a no-cost consultation and review and will help provide the background and education so that you can be an informed and educated investor going forward.
Allegations Involving Alleged Breach of Fiduciary Duty
Among the various customer complaint claims and related issues, some of these cases involve allegations involving alleged breaches of fiduciary duty. These issues often include a failure to properly disclose various conflicts of interest, or deficiencies related to the duty of care owed by the fiduciary-level financial advisor.
In addition to fiduciary duties, there are also examples of similar actions and inactions reflecting the potential or alleged breach of other duties, and since 2020, there are now duties related to Reg BI, which require financial advisors who may not be formally serving in a fiduciary capacity, to handle their investor client relationships in a manner that is in the client’s best interest. Failures to do so raise not only potential sales practice negligence or abuse issues, as well as potential supervisory-related deficiencies and negligence. These issues are not always easy to spot, and that is why an experienced securities arbitration attorney can assist you in determining what (if any) issues might be merely a service-related issue, or could be more substantial and a cause for concern.
Failure to Supervise Financial Advisors
LPL has faced serious allegations and fines or other penalties over the years for issues related to either not having adequate supervisory policies and procedures, or not maintaining or executing same in an adequate or reasonable manner. FINRA hit LPL with a $6.3 million fine specifically for failing to supervise sales charge waivers properly. At the individual investor level this may only be a small impact (if any) but at a broader policy level, it clearly raised more significant issues.
In some examples, the supervision issues relate to the overall broker-dealer business model at LPL Financial. While the laws, rules, regulations are largely the same for the more traditional branch office business model that often provides for on-sight managerial supervision at the physical branch location, the LPL Financial business model is often referred to as an independent broker-dealer business model. While this allows financial advisors a lot of entrepreneurial type business flexibility to operate an office or even multiple offices under a separate banner or business name, it is LPL Financial that they are registered with, supervised by, and this supervision and control is intended to closely review and monitor every investor-related correspondence (including emails and text messages, signage, websites, etc.).
While there s nothing inherently wrong or improper when it comes to the independent broker-dealer business model, it does seem that without proper supervisory policies and procedures in place and proper maintenance and execution of same in a reasonable and proper manner, some small percentage of financial advisors may be tempted to take certain liberties with the rules and regulations or compliance policies at the firm. The regulators have warned the independent broker-dealers about these concerns over the years and the industry is well aware of these tendencies and issues, unfortunately, just as is the case in every profession, there are always a small percentage of professionals for various reasons who may try to skirt the rules.
If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Misrepresentation and Omission of Material Facts
Similar to the issues noted above related to supervision and monitoring and the independent broker-dealer business model, there are similar and related issues involving sales practice issues including fair and balanced presentations of investment products or investment strategies that are being recommended or offered.
Making affirmative false or inaccurate statements is an obvious problem, but less obvious are often the omissions of material facts from the recommendation or sales pitch. Sometimes what is conveniently or deliberately not said is just as important, and just as problematic, as what is actually being stated. Unfortunately for many investor clients, it is impossible or highly unlikely for them to be able to base decisions on information that they don’t know, that is not being shared with them, and they are not making properly informed decisions or going into investments or strategies with their eyes wide open and with full knowledge of the risks and related issues.
These issues often do not result in customer complaints until later in time after the investor customer has realized the unexpected consequences of risks that were never properly disclosed or discussed. complaints often center on advisors who either left out critical details or painted an overly rosy picture of investment prospects. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Regulatory Actions and Settlements
LPL Financial has faced several major penalties and fines and other allegations raised by various state and federal level securities regulators in recent years. While much of this information is publicly available, for most investor customers, trying to keep track of what issues might be of a direct concern to them, or where exactly to even locate the information can prove challenging. In some instances, well-educated investor clients who do in fact locate the material, may still lack clarity on what exactly can be done to address any of their direct concerns.
AML – Anti-Money Laundering Issues (September 2021)
In September 2021, the SEC alleged LPL Financial had serious anti-money laundering violation issuess. The company failed to verify identification documents before opening an account for Eugenio Garcia Jimenez, Jr., an unregistered investment adviser. While this is merely one example, the AML issues have become a material segment of FINRA broker-dealer supervisory policies and procedures and the manner in which firms open, approve, monitor accounts for certain types of activities for certain types of individuals and transactions is aimed at addressing a number of different types of concerns on the part of law enforcement and other authorities.
LPL paid over $4.8 million to resolve these allegations and issues after they processed asset transfers and approved wire transfers despite red flags in the account information. While this type of potentially direct impropriety may not impact a large number of investor clients, the supervisory policies, procedures and execution of same by LPL Financial can relate to a broader set of issues and sometimes even get raised in matters related to potential fraud (such as ponzi-type schemes) or other withdrawals and money movement. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Allegations of Fraud Involving Financial Advisors (June 2020)
While many investor clients often describe any number of issues related to any losses in any investment product or investment strategy as falling under a single comprehensive term such as “fraud” that is not always the proper or most accurate description. In addition, and possibly helping to explain why it is sometimes a catch-all term used by investor customers, a reference to fraud can mean a number of different things in the context of a professional financial advisor providing investment advice and recommendations. There could be criminal behavior, actual theft or improper transfers diverting funds away from the investor, or, there could be fraudulent misrepresentations, material omissions of fact, or other civil wrongs at issue.
While many examples include deceptive type practices at the sales practice level, other examples involve manipulative ways in which funds are transferred or diverted by improper means away from the investor customer and to a 3rd party. For example, LPL Financial faced serious issues in June 2020 when former advisor James Couture was charged with fraud. Federal authorities accused FA Couture of stealing $2.8 million from clients through various deceptive practices.
His alleged crimes included wire fraud and identity theft, showing a pattern of misconduct that harmed investors who trusted him with their money. LPL discharged FA Couture in 2020 after discovering he had altered identification on account statements and misappropriated client funds. The SEC later announced formal charges against LPL Financial for failing to prevent this fraud.
This case highlights the risks investors face and the need for financial firms to properly monitor their financial advisors as well as the customer accounts and transfers to/from customers. As these are sometimes criminal issues, sometimes civil issues, and customer-investors are not always clear n what they can do to recover losses or damages, or how best to address such matters, they sit back and wait for the regulators or the authorities to take action.
While that often results in removing the bad actor(s) from the financial services industry, and sometimes even results in criminal prosecution or disgorgement of any ill-gotten gains, there may also be additional steps and other means of recovery.
If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
FINRA Regulatory Fines (example December 2020)
Aside from the Securities and Exchange Commission (SEC), the most well-known national level regulator is the Financial Industry Regulatory Association (FINRA) which not only acts as a self-regulatory organization for the broker-dealer member firms, it also services to register the broker-dealer firms, and license the financial advisors as FINRA Associated Persons. This is not to be confused by a separate FINRA division operated as the Office of Dispute Resolution, which is believed to separately and independently operate the nation’s largest private securities arbitration forum where many of these disputes are resolved on an expedited basis (compared to state or federal court) in a private, confidential setting after limited discovery.
On the regulatory side (not the customer dispute side) FINRA regulators often take action to address violations of laws, rules, regulations that threaten market integrity, harm investors, or violate rules and regulations. For example, FINRA hit LPL with a $950,000 fine in December 2020 for major problems in how they supervised alternative investments. The company failed to properly review and monitor sales of non-traded REITs, oil and gas partnerships, business development companies, and hedge funds.
How the regulatory fines or issues may or may not impact individual investor customers is often difficult to understand if you have no experience or familiarity with the issues or the process. While disgorgement or restitution are sometimes part of the regulatory efforts, most of the investor customers who are subject to the same or similar activity may need to address matters independently and directly through the FINRA dispute resolution process.
This can be a confusing and unfamiliar place for many investors. Another mistake investors often make in this regard, in addition to sitting back and assuming the regulators will get them their money back), is mistakenly believing they merely need to file a claim and “tell their story” to the arbitrators. That is more often than not a recipe for a disaster. Simply look at the statistics, when investors unfamiliar with the FINRA arbitration process handle claims on their own directly (often referred to as pro se) the results in the large majority of those claims are disastrous for the investor customers.
There are a number of explanations why that is the case, it can simply be unfamiliarity, mistaken assumptions regarding how the process works, inability to understand or properly comply with the procedural or discovery rules, or simply being unfamiliar with the process of knowing what documents, testimony or other evidence needs to be presented.
Overall, the most common issue is that the investor simply was under the impression that they simply needed to show up and tell their story to the arbitrator(s). The reality is that this process is not People’s Court like the television show portrays such matters. The discovery process is very limited and investors need to know what evidence to request, how to make the requests, how to follow-up on the requests, file motions if necessary, and as the evidence in most cases is limited to large volumes of document production, how to know what they key documents are that help prove certain types of legal claims. It is a unique forum and process unlike most other legal proceedings in a highly specialized area.
The old saying is that you do not want to show up to a gun fight with just a knife, as you will be a distinct disadvantage. Unfortunately, by mistake or simple misunderstanding, many investors either do not show up at all, or show up completely unprepared and having not conducted or obtained the necessary evidence.
If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Past Issues with State Regulators
State regulators have also taken serious action and raised serious allegations related to LPL Financial in recent years. For example, both Alabama and Massachusetts state securities regulators have previously launched major investigations into LPL’s sales practices and supervision issues related to certain types of investment products.
Some of the state securities regulators coordinate with one another through an organization known as the North American Securities Administrators Association (NASAA) and by sharing information, evidence and other resources while coordinating efforts, they can sometimes make their impact on the securities industry in a manner that is more comprehensive compared to individual state regulators operating completely independent of one another. For example, back in the 2015 time frame a number of state securities regulators coordinating in part through NASAA hit LPL from multiple states alleging similar issues and seeking numerous fines related to sales practice and supervisory issues involving non-traded securities products.
While that coordinated effort and other regulatory efforts sometimes help individual investor clients, more often than not the individual investors need to address matters on an individual direct basis through FINRA customer arbitration claims. It is easy for those investor customers to feel that they neither have the knowledge, experience, expertise, or resources to take on large national Wall Street firms. Don’t let that be the deciding factor in whether or not to go forward with a legitimate claim in this forum. There are experienced securities arbitration and investment fraud law firms such as Haselkorn & Thibaut, P.A., (www.InvestmentFraudLawyers.com) where the lawyers have many decades of experience, and the previously worked in the financial services industry and as lawyers have past experience having worked for the financial services industry. Simply put, they can help you even the playing field.
If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Legal Disputes Involving LPL Financial
LPL Financial faces many legal and arbitration claims through FINRA arbitration cases, class-action lawsuits, and other types of claims. Some examples include:
Arbitration cases
LPL Financial faces several notable arbitration disputes with current and former advisors. These cases show how the firm handles conflicts through private dispute resolution rather than public court proceedings. These claims can range from sales practice abuse issues including negligence, impropriety, unsuitability, negligent supervision, fraud, misrepresentation, etc. Be mindful of which forum the claim will need to be filed in and be mindful of timing issues. If you wait too long, your claim may become stale and could be subject to dismissal. Statute of limitations begin to run after 2, 3, 4, 5 years, and FINRA’s eligibility rule could stretch back 10 years or longer in some rare instances, but often gets raised as a defense if more than 6 years have elapsed.
Do not delay taking action, the cases do not get better, damages do not increase over time, there is little or no advantage to waiting, and it is often the reason claims are discounted or cut off for investors. If you are not sure what to do, or if you have a claim,. Or whether to wait, call and get educated before making any decisions. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Class-action lawsuits
LPL Financial has faced several class-action lawsuits over the years, and while the majority f claims are individual private, confidential, arbitration claims, mostly through FINRA’s Office of Dispute Resolution, there have been several class action cases as well.
- One recent lawsuit “Peters v. LPL Financial LLC” was filed on July 17, 2024, claiming unfair cash management practices.
- The lawsuit states LPL put profits ahead of client interests by automatically placing investor cash into specific programs.
- Customers could not opt out of these cash sweep programs, which limited their choices and control.
- The legal complaint shows these programs made large profits for LPL while giving lower returns to customers.
- This class action aims to represent all people who had money in LPL’s ICA or DCA Programs from July 17, 2018, to the present day.
- Investors claim they lost money because their cash earned less interest than it would have in other options.
- Many customers report they were not fully told about how these cash sweep programs worked or what fees they would pay.
- The lawsuit seeks money damages for all affected clients plus changes to LPL’s business practices.
- Court documents show LPL may have broken fiduciary duties by not acting in clients’ best interests.
- Similar lawsuits against other financial services firms have resulted in settlements worth millions of dollars to wronged investors.
Investor Fraud Allegations
See above, as these are typically incorporated into the individual customer arbitration claims. Often, investor customers allege fraud claims against LPL Financial if they believe a financial advisor misled them about investment risks. Many victims report losing significant portions of their retirement savings after trusting professional financial advisors who recommended unsuitable investment products or improper investment strategies. Sometimes, the recommendations were motivated by ulterior motives involving higher commissions or fees, and other ties it is simply the result of negligence.
These types of claims involve a lot of different potential issues and trying to determine if there is merely a market loss that is not an issue, or a legitimate claim for which there can be a recovery can require detailed research and investigation into the law, rules, regulations and facts of each case. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
File a Complaint with FINRA
Investor customers sometimes conduct some preliminary research online, or ask a casual question of their new financial advisor or even a stranger at a cocktail party and they receive what seems on the surface to be simple advice, to go to the FINRA website, and file a complaint.
Like a lot of things in the legal field and in the financial services field, these are not the simple things you think they are on the surface. First and foremost, there is the mistaken assumption and misunderstanding that filing a complaint with the FINRA regulators on the FINRA website or the SEC website will somehow address any of your concerns as a customer investor. That is not typically the case. While easily accessible, there are few potential issues to be aware of before you take this step on your own and without counsel.
Do not like anger, emotion, frustration take over before consulting an experienced securities arbitration or investment fraud lawyer. There may be certain statements or representations or even industry terms that you may think you understand, and by putting them in writing in a document that may become public in a later proceeding, you may well be interfering with your ability to prove liability and damages at a later date.
Filling out an online form and complaining may make you feel better in that moment, but it could cost you dearly. Do not take this step without counsel involved. If you have already taken the step, it is best you contact counsel as soon as possible, and share a copy of the filing with counsel. They can withdraw the complaint, amend the complaint, or clarify certain issues or even help you obtain back-up.
Keep in mind, that FINRA regulators may have an automated response after you submit the complaint that acknowledges the receipt, but what happens next (if anything) is not under you control, it is not specific to you, and you may receive no update, no follow-up of any substance, and you may feel like you are writing letters to Santa Clause. In addition, even if a regulator follows up, they may ask you for documents, a telephone interview, a statement, but as the investigation is pending and open, they may not tell you anything about the status or the issues being investigated.
Finally, the regulatory complaint may be going nowhere, or could be involving other issues and while you have no idea, you may find that your best avenue for potential recovery is on the FINRA Office of Dispute resolution arbitration claim side and that process is completely separate and disconnected from the regulatory complaint side.
This is often the fastest, simplest and most practical way to proceed. However, the rules, practices and procedures for how to draft the claim, what to include, how to file, and how to conduct thorough and proper discovery can send a lot of investor clients in the dark. It is a specialty area and without the experience, industry knowledge regarding what documents to request, and how to pursue such matters, even experienced lawyers familiar in other areas of state or federal court litigation may find themselves at a distinct disadvantage in this forum. These cases typically move faster than court litigation, discovery is much more limited and the motion practice, and other court litigation skills may not translate in this forum.
Take action as soon as you can, but educate yourself before taking these steps. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Experienced securities arbitration and investment fraud lawyers are available to help you today. Call Haselkorn & Thibaut, a national investment fraud law firm, offering a free consultation for investors by calling 1-888-784-3315.
Many investors miss out on compensation because they wait too long to seek help.
How to Protect Yourself When Working with Financial Advisors
Protect yourself from financial harm by learning how to spot red flags in financial advisor behavior. Smart investors often ask tough questions and stay alert. It is easy to be trusting and rely on your professional financial advisor and assume they are always acting in your best interests. The old saying is trust, but verify. You can verify by asking questions, staying alert, spotting red flags, and if you have a gut feeling, trust your gut and contact an experienced lawyer to help you review the issues. If there is nothing improper, you will sleep better at night knowing that you followed up as needed. If there is an issue, you will be in a position to investigate, and address it in a timely manner.
Research Financial Advisor Credentials and Records
Some good initial steps should include a brief review of the financial advisor credentials. Many have various “alphabet soup” credentials after their name. These are rarely much more than some certifications after an online test. However, there are three sources that might be more helpful to you becoming an educated investor:
The gold standard for financial advisors is often considered the Certified Financial Planner (CFP) designation, which shows they have passed rigorous exams on financial planning and perhaps more significant are the high ethical standards that CFPs agree to hold themselves to in the conduct of their professional activities. While this is helpful insofar as you can determine whether or not your financial advisor is considered a fiduciary as opposed to a salesperson, it is never a guarantee, just a staring point to consider. There are plenty of high quality financial advisors that act only in the investor client’s best interest that do not have that credential, as well as plenty who have or do hold that credential, but seemingly ignore the high ethical standards that apply.
All legitimate advisors and their firms need registration with the Securities and Exchange Commission (SEC). This registration helps protect you from fraud and ensures the advisor follows industry rules. If you cannot determine whether or not your financial advisor is licensed, registered or subject to SEC oversight, that could be a red flag.
Another good source for a review of various credentials, experience, disclosures can be found at the FINRA Brokercheck website. While most of the information appears self-explanatory on the surface, there are often references, attachments, as well as an underlying more detailed report that could shed additional light on certain issues. If the information is not making sense or it is raising red flags or any concerns, take a few minutes and contact an experienced investment fraud lawyer to help walk you through the details and “see it through their eyes” as it might look very different to you after you gain that perspective.
If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Monitor your Accounts Regularly
Many investors barely take the time to review the total account value on the first page and as long as there is no significant deviation from the prior monthly statement, they do not look any further. This is a potential mistake or lost opportunity. Take a moment to review any pie charts, percentages, changes, and listed securities positions. If the pie chart looks like you may have too many eggs in one basket, if any of the positions do not look familiar or you are not sure what they are or how they got there – that is your time to look further and more closely. Also review your realized as well as any unrealized losses in the accounts. If there are losses (realized or unrealized) and they exceed your comfort level (risk tolerance) that should be a red flag. If you wish to be educated and informed before raising questions or issues with your financial advisor or a manager or supervisor at the firm, please feel free to contact an experienced securities arbitration and investment fraud lawyer before you take that next step. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
Whatever the explanation or excuse, listen carefully and know that delaying action, or some convoluted word salad explanation may well be additional red flags.
Conclusion
LPL Financial has faced serious customer arbitration complaints about unsuitable investments and failure to supervise financial advisors. LPL Financial has had issues with state and federal securities regulators over the years.
Investor customers should know that while it may only be a small percentage of financial advisors that are negligent or behaving in an improper manner, the review of the FINRA Brokercheck, the credentials, the account statements, are a good starting place and if there are investments that are not clearly understood, resulting in unexpected or excessive losses, or any other red flags, the best thing to do is often to educate yourself and a free telephone review by an experienced securities arbitration or investment fraud lawyer can help put your mind at ease, or help you take action in a prompt and timely manner to address any concerns. If you have any questions, any significant issues, or wish to learn more about these issues, please do not hesitate to educate yourself, and contact one of the experienced lawyers at Haselkorn & Thibaut, P.A. (www.InvestmentFraudLawyers.com).
