LPL Financial LLC

There are Recent Customer Complaints with Broker James Booth in Firm LPL Financial LLC

June 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Booth (Booth), previously associated with LPL Financial LLC, has at least 34 disclosable events. These events include 31 customer complaints, 3 regulatory events, alleging that Booth recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 20, 2020.

Clients allege misappropriated funds.

Broker John Soukup in LPL Financial LLC Firm Has Customer Complaint

June 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Soukup (Soukup), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Soukup 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 $5,000.00 on December 14, 2023.

07/20/2022 – 12/07/2023 The client alleges that his advisor purchased AAPL stock without permission. The client alleged that LPL’s back office failed to provide a revised 1099R per the client’s request for a corrected return. Due to the delay, the client incurred $6,000 in attorney’s fees. The client demanded that LPL reimburse his attorney’s fee, or he would report his advisor for unauthorized trading of an equity position.

Broker Brandon Leblanc in LPL Financial LLC Firm Has Customer Complaint

June 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brandon Leblanc (Leblanc), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Leblanc 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 $25,000.00 on December 18, 2023.

The customers alleged that their advisor placed them in unsuitable investments and failed to inform or obtain permission to change the client’s Model Wealth Portfolio (‘MWP’) investment objectives. (11/30/21-11/03/22)

Broker Randy Redd in LPL Financial LLC Firm Has Customer Complaint

June 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Randy Redd (Redd), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Redd 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 $2,872,200.00 on December 19, 2023.

Customer alleged embezzlement of funds through private real estate transaction in 2023.

Broker Alan Deuel in LPL Financial LLC Firm Has Customer Complaint

June 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Deuel (Deuel), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Deuel 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 $300,000.00 on December 19, 2023.

The Statement of Claim was filed on behalf of nine claimants against Grove Point Investments, LLC involving the same investment – NorthStar Healthcare Income REIT. Claimants allege unsuitability, overconcentration, breach of fiduciary duty and negligence. Activity occurred March 24, 2014 to February 12, 2016.

Broker Anthony Jovanovich in LPL Financial LLC Firm Has Customer Complaint

June 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Jovanovich (Jovanovich), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jovanovich 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 $9,107.16 on December 18, 2023.

[REDACTED], on behalf of her mother, alleges Mr. Jovanovich and his colleague misrepresented the REIT investment recommended stating that clients could earn 7% monthly dividend with no downside. It was further alleged that the investments in Guggenheim UITs were not suitable with the clients conservative objective, that these investments were very risky, not diversified, and resulted in large losses.

There are Recent Customer Complaints with Broker Michael Sloan in Firm LPL Financial LLC

June 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Sloan (Sloan), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sloan 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 $9,107.16 on December 18, 2023.

[REDACTED], on behalf of her mother, alleges Mr. Sloan and his colleague misrepresented the REIT investment recommended stating that clients could earn 7% monthly dividend with no downside. It was further alleged that the investments in Guggenheim UITs were not suitable with the clients conservative objective, that these investments were very risky, not diversified, and resulted in large losses.

Broker Robert Krakower in LPL Financial LLC Firm Has Customer Complaint

June 13, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on December 19, 2023.

The customer alleges that the Registered Representative recommended an unsuitable investment and investment strategies in an illiquid alternative investment. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Steve Orr in Firm LPL Financial LLC

June 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steve Orr (Orr), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Orr 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 $300,000.00 on December 19, 2023.

The Statement of Claim was filed on behalf of nine claimants against Grove Point Investments, LLC involving the same investment – NorthStar Healthcare Income REIT. Claimants allege unsuitability, overconcentration, breach of fiduciary duty and negligence. Activity occurred March 24, 2014 to February 12, 2016.

Broker Felix Lemarinel in LPL Financial LLC Firm Has Customer Complaint

June 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Felix Lemarinel (Lemarinel), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lemarinel 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 $9,500.00 on December 19, 2023.

Mr. Lemarinel appears to have helped a customer to establish a non-qualified corporate account. The account was supposed to be a qualified Defined Benefit Plan.