Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Cash (Cash), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cash 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 $50,000.00 on November 22, 2021.
Customer alleges that between November 2014 and November 2021, representative recommended an investment in the Northstar Healthcare Income Fund that were unsuitable for the customer’s investment profile and risk tolerance.