Securities Lawyers Blog
Currently financial advisor Alan Levine (Levine), currently employed by brokerage firm LPL Financial LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $99,999.00 on April 02, 2025.
Clients allege that Financial Professional misrepresented the risks associated with REITs and BDCs and investments were overconcentrated and unsuitable. Activity date: May 16, 2012 to June 1, 2016.