LPL Financial LLC

Broker John Frongillo in LPL Financial 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 Frongillo (Frongillo), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Frongillo 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 $40,000.00 on April 15, 2025.

Claimant alleges the RR recommended an unsuitable Oil & Gas Investment

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

May 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Gahagan (Gahagan), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gahagan 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 $206,027.31 on April 21, 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 alleged policy was not suitable for someone his age.

There are Recent Customer Complaints with Broker Ricky Whitmire in Firm LPL Financial LLC

May 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ricky Whitmire (Whitmire), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Whitmire 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 $22,000.00 on April 01, 2024.

The client stated that the agreed-upon allocations for a variable annuity opened in 2022 while the advisor was registered at CUNA Brokerage Services, Inc. were not in their best interest. Moreover, the client stated that the advisor, while registered at LPL, failed to assist in modifying the variable annuity’s subaccount allocation (2023), causing the client to miss the deadline for an allocation change and subsequent losses. The client asked for a return of their account losses and hypothetical gains if the account had been invested differently at account opening, totaling $22,000.

Broker Jason Nelson in LPL Financial LLC Firm Has Customer Complaint

May 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Nelson (Nelson), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nelson 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 $900,000.00 on April 08, 2024.

Customer’s estate alleged that representative should not have effected certain transfers and sales of assets authorized pursuant to a power of attorney granted by customer and subsequently pursuant to instructions from the trustee of customer’s trust. The activities took place between September 2022 and January 2023.

Broker Teddy Ezzell in LPL Financial LLC Firm Has Customer Complaint

May 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Teddy Ezzell (Ezzell), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ezzell 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 April 08, 2024.

Breach of fiduciary duty; unsuitable recommendations; misrepresentation and failure to supervise by the firm.

There are Recent Customer Complaints with Broker Barbara Leonard in Firm LPL Financial LLC

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Barbara Leonard (Leonard), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Leonard 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 April 16, 2024.

Customers alleged the representative recommended unsuitable investments.

Broker Victor Newman Ii in LPL Financial LLC Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Victor Newman Ii (Newman Ii), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Newman Ii 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 April 16, 2024.

Customers alleged the representative recommended an unsuitable investment.

Broker Robert Mckee in LPL Financial LLC Firm Has Customer Complaint

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Mckee (Mckee), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mckee 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 $20,000.00 on April 18, 2024.

Claimant alleges unsuitable recommendation and sale of alternative investment.

There are Recent Customer Complaints with Broker John Cobb in Firm LPL Financial LLC

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Cobb (Cobb), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cobb 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 $32,267.44 on April 18, 2024.

Client alleges that she gave advisor a firm order at a review meeting in July 2023 to purchase $50,000 worth of Eli Lilly shares (LLY). This purchase did not occur. Client reached out to advisor in March 2024 asking about the status of the purchase and why is had not been completed. He advised that he didn’t feel this was a good purchase for her at that time and they were set to discuss further. They met April 18, 2024 and the client says she made notes that she gave him an order and he was supposed to sell other mutual funds in the account and it seems possibly purchase another stock (NVO).

There are Recent Customer Complaints with Broker Sean Mostero in Firm LPL Financial LLC

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Mostero (Mostero), previously associated with LPL Financial LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Mostero 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 $350,000.00 on April 23, 2024.

Claimant alleges that their former representative engaged in an inappropriate relationship with Claimant, failed to protect her from poor financial decisions, and breached his duties of care, best interest, trust, and fair dealing.