Securities Lawyers Blog
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.