LPL Financial LLC

There are Recent Customer Complaints with Broker Christopher Michalman in Firm LPL Financial LLC

April 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Michalman (Michalman), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Michalman 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 August 30, 2024.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment

There are Recent Customer Complaints with Broker Frederick Hilton in Firm LPL Financial LLC

March 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Frederick Hilton (Hilton), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hilton 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 $500,000.00 on January 15, 2025.

Customer alleges that investments made in 2021 were unsuitable for the customers’ investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker Kevin Kenney in Firm LPL Financial LLC

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Kenney (Kenney), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kenney 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 $300,000.00 on January 27, 2025.

Plaintiffs assert FA improperly recommended that they invest their IRAs in a debt-financed parcel of commercial real property.

There are Recent Customer Complaints with Broker Angelo Anello in Firm LPL Financial LLC

March 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angelo Anello (Anello), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Anello recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 05, 2025.

Customer alleges that an investments made were unsuitable for the customer’s investment objectives and risk tolerance.

Broker John Lee in LPL Financial LLC Firm Has Customer Complaint

March 26, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker John Lee (Lee), currently associated with LPL Financial LLC, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Lee concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on February 27, 2025.

Statement of Claim alleges an investment recommendation was made for the purpose of generating high commissions and fees and that Claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio.

Broker Evan Adelglass in LPL Financial LLC Firm Has Customer Complaint

March 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Evan Adelglass (Adelglass), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Adelglass 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 $125,000.00 on February 21, 2025.

Customer alleges that an investments made in 2021 were unsuitable for the customer’s investment objectives and risk tolerance.

Broker David Jerke in LPL Financial LLC Firm Has Customer Complaint

March 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on March 03, 2025.

Without admitting or denying the findings, Jerke consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA in connection to its investigation of allegations made by his member firm on a Form U5 filling. The findings stated that Jerke was terminated from his firm because he had solicitated a loan from a customer without notice to and approval from his firm.

Broker Robert Tracy in LPL Financial LLC Firm Has Customer Complaint

March 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on March 10, 2025.

Respondent Tracy failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Broker Angela Zachman in LPL Financial LLC Firm Has Customer Complaint

March 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angela Zachman (Zachman), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Zachman 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 $40,000.00 on September 05, 2024.

Claimant alleges representative recommended unsuitable investments during the time period December 2014 – May 2022.

There are Recent Customer Complaints with Broker Thomas Rinek in Firm LPL Financial LLC

March 23, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on September 05, 2024.

Without admitting or denying the findings, Rinek consented to the sanctions and to the entry of findings that he improperly sent nonpublic personal information of his member firms’ customers to his personal email address without the customers’ knowledge or consent and in contravention of his firm’s procedures. The findings stated that the information included customer names, social security and tax identification numbers, dates of birth, securities account numbers, securities positions, physical addresses, and phone numbers. Rinek improperly retained this information after his termination from his member firm, while associated with another firm, but has since deleted it.