Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Macek (Macek), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Macek recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on December 16, 2020.
Clients’ representative complained that the financial advisor improperly recommended the sale of securities and repositioning of proceeds into a single mutual fund, resulting in a commission on the sale, long term capital gains taxes and a sales charge on the mutual fund. (4/16/2019).