Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Lex (Lex), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lex recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $110,000.00 on May 12, 2020.
The customer alleges alleges unsuitability, failure to follow instructions, and misrepresentation in connection with a Unit Investment Trust.