LPL Financial LLC

Broker Cesar Macedo in LPL Financial LLC Firm Has Customer Complaint

March 31, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on September 09, 2020.

Financial Advisors providing advice to retail investors are required to adhere to the SEC’s Regulation Best Interest (Reg BI). Reg BI applies a ‘best interest’ standard for broker-dealers and their associated people. Reg BI applies when brokers recommend a retail investor engage in securities transaction or an investment strategy involving one or more securities. Reg BI also applies to financial advice concerning the transfer of funds and opening of accounts. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts.

There are Recent Customer Complaints with Broker Preston Bellaire in Firm LPL Financial LLC

March 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Preston Bellaire (Bellaire), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bellaire 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 10, 2020.

The customer alleged that the representative misrepresented the risk of a speculative investment in order to secure a high commission sale in and around February of 2015.

There are Recent Customer Complaints with Broker Jeffrey Armstrong in Firm LPL Financial LLC

March 31, 2026 | by Staff Attorney

Currently financial advisor Jeffrey Armstrong (Armstrong), currently employed by brokerage firm LPL Financial 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 settled customer complaint on September 10, 2020.

Claimants allege RR sold them unsuitable investments, including several private placements and non-traded REITS.

Broker Peter Smith in LPL Financial LLC Firm Has Customer Complaint

March 31, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Smith (Smith), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Smith 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 September 10, 2020.

Claimant vaguely alleges that her financial professional recommended that she invest in two non-public REIT investments which were unsuitable for her investment portfolio. Claimant fails to provide any specific supporting allegations that demonstrate why or how the investments were unsuitable for her. The time period 09/2014 – 09/2020.

There are Recent Customer Complaints with Broker Adam Goodman in Firm LPL Financial LLC

March 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adam Goodman (Goodman), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Goodman 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 $500,000.00 on September 18, 2020.

Client alleges unauthorized trading and unsuitable transactions since February 2014

There are Recent Customer Complaints with Broker Linda Howard in Firm LPL Financial LLC

March 30, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on September 14, 2020.

Attorney for the executor of the client’s estate alleges the rr engaged is false and misleading conduct with former poa agent in relation to opening an account in the client’s name, allowed the agent to designate beneficiaries other than the estate, and conspired with the agent to deplete the assets of the estate. Time period of the activity is from March 2018 through December 2019.

Broker Cheryl Marquez in LPL Financial LLC Firm Has Customer Complaint

March 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cheryl Marquez (Marquez), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Marquez 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 $119,594.09 on September 17, 2020.

Clients, through attorney, allege that the rr did not follow explicit instructions to sell and failed to inform them about the status of their investment resulting in a loss in their account.

Broker Charles Correal in LPL Financial LLC Firm Has Customer Complaint

March 29, 2026 | by Staff Attorney

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

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

Claimant alleges, inter alia, unsuitability with respect to investments – August 2014 to June 2015.

Broker Richard Lieberfarb in LPL Financial LLC Firm Has Customer Complaint

March 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Lieberfarb (Lieberfarb), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lieberfarb 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 $35,000.00 on September 24, 2020.

When your financial advisor is providing advice they must adhere to the SEC’s Regulation Best Interest (Reg BI) rule and standard of care. Reg BI replaced the former “suitability” rule and created a ‘best interest’ standard for brokerage firms and registered representatives. Reg BI applies when brokers recommend a retail investor engage in securities transaction or an investment strategy involving one or more securities. Reg BI also applies to financial advice concerning the transfer of funds and opening of accounts. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts.

Broker Anthony Ragusa in LPL Financial LLC Firm Has Customer Complaint

March 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Ragusa (Ragusa), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ragusa 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 $22,322.00 on September 24, 2020.

Claimant-naked owner alleges that certain alternative investments purchased for usufruct account were unsuitable. Activity period: 2/2015 – 9/2020.