Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Hoover (Hoover), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hoover 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 $8,000.00 on December 11, 2020.
Clients allege the RR should have known they were over-contributing to their Roth IRAs for years 2015 & 2017-2019. Clients are asking that the contributions be removed and penalties be paid by the RR and/or firm.