LPL ENTERPRISE

There are Recent Customer Complaints with Broker Eric Forsman in Firm LPL Enterprise, LLC

June 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Forsman (Forsman), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Forsman 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 $11,056.00 on December 12, 2023.

Bankers Life and Casualty Company (BLC), an affiliated insurance company, received a written complaint from the State of Wisconsin Department of Market Regulation and Enforcement, and provided a copy to Bankers Life Securities, Inc. (BLS) on December 12, 2023. In the complaint the client alleged material inaccuracies on the policy documents they received; alleging they have not met with, or spoken to the agent listed on the Premium Bonus Index Annuity (PBIA) which they purchased in February of 2022. The client has requested to surrender the annuity without penalty, and be reimbursed for damages. These allegations were determined to be unsubstantiated by the Firm. However, based on the allegations raised and to resolve any possible misunderstanding that might have occurred, BLC will allow the client to surrender the PBIA without incurring the applicable early surrender penalty. While the BLC annuity is not a security, and was issued by BLC, the Firm is reporting this complaint because the source of funding for the annuity came from the sale of securities recommended by a financial representative of the Firm.

Broker Aniruddha Rao in LPL Enterprise, LLC Firm Has Customer Complaint

June 18, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 11, 2025.

Customer alleges that there was a misallocation in the investment and that certain terms were not adequately disclosed.

There are Recent Customer Complaints with Broker Craig Friedrichsen in Firm LPL Enterprise, LLC

June 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Craig Friedrichsen (Friedrichsen), currently associated with LPL Enterprise, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Friedrichsen 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 $41,500.00 on November 22, 2023.

Claimant alleges that, in September of 2015, the representative failed to disclose the illiquid nature and risks associated with a non-traded real estate investment trust. Claimant further alleges that the recommendation was unsuitable.

Broker Thomas Branchini in LPL Enterprise, LLC Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Branchini (Branchini), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Branchini 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 $175,000.00 on January 26, 2024.

The client alleges negligence as she requested the rep make the four children contingent beneficiaries, not primary beneficiaries. She also alleges the rep continued to inform her that she was the beneficiary of the policy after the change was recorded.

There are Recent Customer Complaints with Broker Jason Mitsuda in Firm LPL Enterprise, LLC

May 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Mitsuda (Mitsuda), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mitsuda 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 $499,000.00 on March 08, 2024.

Claimants allege RR Mitsuda recommended unsuitable investment products.

Broker John Clark in LPL Enterprise, LLC Firm Has Customer Complaint

May 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Clark (Clark), previously associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Clark 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 $18,000.00 on April 14, 2025.

This matter is being reported consistent with finra rules pertaining to the reporting of certain written customer complaints. The company by this filing makes no allegations regarding the actions of the representative. Customer alleges the policy sold was not suitable for the customer’s age.

There are Recent Customer Complaints with Broker Andrew Laino in Firm LPL Enterprise, LLC

May 14, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 15, 2025.

Customer alleges product was not suitable for him.

There are Recent Customer Complaints with Broker James Mashey in Firm LPL Enterprise, LLC

April 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Mashey (Mashey), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mashey 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 $60,000.00 on February 25, 2025.

Customer Alleges that the rep did not fully disclose all the facts (information) regardingfees, charges and expenses. This matter is being reported consistent with FINRA rulespertaining to the reporting of certain written customer complaints. The company by thisfiling makes no allegations regarding the actions of the representative.

There are Recent Customer Complaints with Broker Joanna Wang in Firm LPL Enterprise, LLC

April 12, 2025 | by Staff Attorney

Currently financial advisor Joanna Wang (Wang), currently employed by brokerage firm LPL Enterprise, 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 $495,000.00 on March 10, 2025.

Alleges between April 2013 and June 2015, rep engaged in misleading and fraudulent communications; unsuitable investment recommendation; unauthorized\, solicitation and selling away; failure to supervise and record keeping violations; undisclosed compensation and conflicts of interest; violations related to non-traded REIT sales.

There are Recent Customer Complaints with Broker Joel Barjenbruch in Firm LPL Enterprise, LLC

March 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joel Barjenbruch (Barjenbruch), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barjenbruch 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 $250,000.00 on September 17, 2024.

Claimants became clients in Jan 2021 and continue to be clients of representative. Claimants allege unsuitable recommendation of product.