Lifemark Securities Corp.

Broker Samuel Barber in Lifemark Securities Corp. Firm Has Customer Complaint

May 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Samuel Barber (Barber), currently associated with Lifemark Securities Corp., has at least one disclosable event. These events include one customer complaint, alleging that Barber recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $80,000.00 on May 28, 2024.

Allegations pertain to an investment in an alternative product intended to be a small component of a larger diversified portfolio. Investment was purchased in 09/2020. Unfortunately, the company that sold the investment has since filed Chapter 11 bankruptcy. Allegations include failure to perform due diligence, material misrepresentation, negligence, and an unsuitable recommendation.

Broker Jeffrey Morrison in Lifemark Securities Corp. Firm Has Customer Complaint

April 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Morrison (Morrison), currently associated with Lifemark Securities Corp., has at least one disclosable event. These events include one customer complaint, alleging that Morrison recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.00 on March 03, 2025.

Allegations pertain to an investment in an alternative product intended to be a small component of a larger diversified portfolio. Investments were purchased from 11/2019 to 03/2020. Unfortunately, the company that issued the investment has since filed Chapter 11 bankruptcy. As a result, allegations include negligence, breach of fiduciary duty, and negligent supervision.

Broker Garrett Moretz in Lifemark Securities Corp. Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Garrett Moretz (Moretz), currently associated with Lifemark Securities Corp., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Moretz recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $105,000.00 on October 03, 2024.

Allegations pertain to an investment in an alternative product intended to be a small component of a larger diversified portfolio. Investment was purchased in 01/2018. Unfortunately, the company that sold the investment has since filed Chapter 11 bankruptcy. Allegations include failure to perform due diligence, material misrepresentation, negligence, and an unsuitable recommendation.

There are Recent Customer Complaints with Broker David Griffith in Firm Lifemark Securities Corp.

February 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Griffith (Griffith), currently associated with Lifemark Securities Corp., has at least 4 disclosable events. These events include 4 customer complaints, alleging that Griffith recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $50,000.00 on December 16, 2024.

Client’s allegations pertain to an unsolicited investment in an alternative product, representing a small component of this client’s broader overall diversified portfolio. Advisor David K. Griffith did not recommend the product to the client. Instead, the client, an investor who embraced significant risk, asked Advisor Griffith to make this investment on his behalf. The client was advised of the risks inherent in the investment and signed acknowledgment forms to that effect. The investment was made in October 2020, and the client received several months of interest payments before the issuer filed Chapter 11 bankruptcy. The client’s allegations include claims of unsuitable investment practices, misrepresentation, negligence, breach of fiduciary duty, and breach of contract. \, LifeMark maintains the transactions giving rise to the client’s allegations were suitable and appropriate based on the information available at the time, including the characteristics of the investment product and the client’s financial situation, risk tolerance, and objectives as represented by the client.