Securities Lawyers Blog
We represent clients of financial advisors and brokerage firms in investment disputes against their firms, such as LPS Capital LLC. Our services cover a wide spectrum of broker misconduct, including unsuitable investments, failure to supervise, and losses in various investment products. Our firm can analyze your brokerage accounts, determine the extent of your investment losses, and understand the issues and remedies available.
LPS Capital is a broker-dealer and commodities introducing broker that earns brokerage commissions and riskless principal trading revenue by executing securities transactions for customers, cleared through other broker-dealers on a fully disclosed basis, and also provides consulting services. Formed in California in 2010 and based in New York City, the firm is wholly owned by LPS Partners and reported about $36 million in revenue for 2024.
LPS Capital LLC – By the Numbers:
- CRD #: 155246
- Regulatory Events: 1
- Broker Employees: 56
LPS Capital LLC – In the News:
FINRA v. LPS Capital LLC (Case #2016050784901) – In Matter Nos. 20160507849, 20160509679, and 20170531894, FINRA’s Department of Market Regulation reviewed the firm’s reporting of transactions in TRACE-eligible securities during periods from April 1, 2016 through December 31, 2016. During the second quarter of 2016, the firm failed to report to TRACE the correct time of trade execution for 100 transactions. Based on its reviews, the staff determined that the firm violated FINRA Rules 6730(a), 6730(c)(8), and 2010.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.