Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Taylor Ripka (Ripka), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ripka recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on February 19, 2021.
The clients allege the investments they purchased in 2013-2019 were unsuitable, illiquid, and misrepresented to them by the representative. Additionally, the clients allege the firm failed to supervise the actions of the representative and to conduct adequate due diligence.