Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lynn Morris (Morris), currently associated with Planmember Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Morris 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 $200,000.00 on September 21, 2021.
Client alleges that they were denied market gains when the Firm liquidated her position in order to process a loan in 2016 and did not reinvest the funds once the loan was processed. They allege that the Firm and their representative Ms. Morris were negligent in their duties leading to the lack of reinvestment.