LPL Financial LLC

Broker Christopher Cavallaro in LPL Financial LLC Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Cavallaro (Cavallaro), currently associated with LPL Financial LLC, has at least 8 disclosable events. These events include 8 customer complaints, alleging that Cavallaro 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 December 30, 2024.

CLAIMANTS ALLEGE THE RR RECOMMENDED AN UNSUITABLE OIL & GAS INVESTMENT

Broker John Ulwick in LPL Financial LLC Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Ulwick (Ulwick), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ulwick 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 $70,000.00 on December 30, 2024.

CLAIMANT ALLEGES THE RR RECOMMENDED AN UNSUITABLE OIL & GAS INVESTMENT

There are Recent Customer Complaints with Broker J craig Mcilroy in Firm LPL Financial LLC

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker J craig Mcilroy (Mcilroy), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Mcilroy 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 December 30, 2024.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.

Broker Steven Blanchard in LPL Financial LLC Firm Has Customer Complaint

February 17, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on January 06, 2025.

Respondent Blanchard 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 Stephen Rogers in LPL Financial LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 13, 2025.

Customer alleges that an investment made in 2015 was unsuitable for the customer’s investment objectives and risk tolerance.

Broker Nouachi Vang in LPL Financial LLC Firm Has Customer Complaint

February 11, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on February 28, 2023.

Client alleges that the advisor invested in ETF instruments and did not follow the clients instructions, resulting insignificant unrealized losses. The dates of the activity leading to the allegations are January 25, 2022, through March 10, 2023, per filing by Vanguard.

There are Recent Customer Complaints with Broker Stacy Spearman in Firm LPL Financial LLC

February 11, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 02, 2023.

Alleged advisor made suspicious trades and transfers to accounts that do not belong to customer from 1/1/21 to 6/15/22

Broker Michael Hyser in LPL Financial LLC Firm Has Customer Complaint

February 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Hyser (Hyser), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hyser 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 28, 2023.

Claimants allege Mr. Hyser recommended the sale of unsuitable investments.

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

February 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 02, 2024.

Customer alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker Deborah Anderson in Firm LPL Financial LLC

February 9, 2025 | by Staff Attorney

Previously financial advisor Deborah Anderson (Anderson), previously employed by brokerage firm LPL Financial LLC has been subject to at least 4 disclosable events. These events include 4 customer complaints. 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 on February 28, 2024.

The customers allege that the Registered Representative recommended unsuitable investments and investment strategies in various illiquid alternative investments. No specific dates for the alleged activity were identified in the Statement of Claim.