Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Marks (Marks), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Marks 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 $100,000.00 on August 22, 2022.
Failure to conduct adequate due diligence; negligent misrepresentation and overconcentration of investment in claimant’s account in connection with their Northstar fixed-rate investment.