Articles Tagged with LPL Financial

Christopher TuckPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 17, 2019 indicate that Pennsylvania-based LPL Financial broker/adviser Christopher Tuck has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Tuck (CRD# 5971765).

Christopher Tuck has spent seven years in the securities industry and has been registered with LPL Financial in Doylestown, Pennsylvania since 2011. He has no previous registrations. He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on November 29, 2011; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on October 22, 2011; and Series 24 (General Securities Principal Examination), which he obtained on August 13, 2013. He is a registered broker and investment adviser with 13 US states and territories: Arizona, California, Delaware, Florida, Georgia, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, South Carolina, and Virginia.

According to his BrokerCheck report, Christopher Tuck has received one pending customer complaint.

Lawrence GreenfieldPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 17, 2019 indicate that California-based LPL Financial broker/adviser Lawrence Greenfield has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Greenfield (CRD# 4056913).

Lawrence Greenfield has spent 10 years in the securities industry and has been registered with LPL Financial in Woodland Hills, California since July 2018. Previous registrations include Arete Wealth Management in Woodland Hills, California (2013-2018); Assent LLC in Geneva, Illinois (2003-2004; 2006-2007); Andover Brokerage in Montebello, New York (2001-2003); and Investscape in West Bloomfield, Michigan (1999-2000). He has passed five securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on October 31, 2013; Series 65 (Uniform Investment Adviser Law Examination), which he obtained on November 25, 2003; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 27, 1999; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on October 2, 2013; and Series 55 (Limited Representative-Equity Trader Exam), which he obtained on August 29, 2001. He is a registered broker and investment adviser with 19 US states and territories: Arizona, California, Colorado, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Utah, Virginia, Washington, Wisconsin, and Wyoming.

According to his BrokerCheck report, he has received one pending customer complaint and two denied customer complaints.

James ZegersPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 13, 2019 indicate that former New York-based LPL Financial broker/adviser James Zegers has received a pending customer dispute and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Zegers (CRD# 2559008).

James Zegers has spent 24 years in the securities industry and was most recently registered with LPL Financial in Albany, New York (2016-2018). Previous registrations include Voya Financial in Albany, New York (2003-2016) and Waddell & Reed in Overland Park, Kansas (1994-2003). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 28, 2003; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 30, 1994; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on January 16, 2004; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on November 30, 1994. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.

Craig NelsonPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 1, 2019 indicate that former Utah-based LPL Financial broker/adviser Craig Nelson, who has received customer disputes, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Nelson (CRD# 2536023).

Craig Nelson has spent 24 years in the securities industry and was most recently registered with LPL Financial in St. George, Utah (2012-2019). Previous registrations include Financial Network Investment Corporation in Salt Lake City, Utah (2008-2011); Royal Alliance Associates in Salt Lake City, Utah (2002-2008); Signator Investors in Boston, Massachusetts (1994-2002); and John Hancock Mutual Life Insurance Company in Boston, Massachusetts (1994-1997). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 20, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 13, 1994; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on November 8, 2007; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on September 2, 1994. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received two customer complaints and two unsatisfied tax liens, and was recently discharged from a former employer in connection to alleged rule violations.

Emil Fleischauer

Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 27, 2019 indicate that Minnesota-based LPL Financial broker/adviser Emil Fleischauer has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Fleischauer (CRD# 1493167).

Emil Fleischauer has spent 22 years in the securities industry and has been registered with LPL Financial in Minnetonka, Minnesota since 2017. Previous registrations include Principal Securities in Minnetonka, Minnesota (2001-2017); Firstar Investment Services in Morris Plains, New Jersey (1996-1997); M&I Brokerage Services in Milwaukee, Wisconsin (1992-1994); American Express Financial Advisors in Minneapolis, Minnesota (1988-1991); and IDS Life Insurance Company in Minneapolis, Minnesota (1988-1991). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on July 12, 2001; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 7, 1996; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on August 28, 2001. He is a registered broker and investment adviser with 13 US states: Arizona, California, Delaware, Florida, Illinois, Iowa, Michigan, Minnesota, Ohio, South Dakota, Texas, Washington, and Wisconsin.

According to his BrokerCheck report, he has received one pending customer complaint.

Ryan FeatherstonPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 22, 2019 indicate that former Oklahoma-based LPL Financial broker/adviser Ryan Featherston has received pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Featherston (CRD# 5825011).

Ryan Featherston has spent seven years in the securities industry and was most recently registered with LPL Financial in Tulsa, Oklahoma (2014-2018). He was previously registered with Edward Jones in Tulsa, Oklahoma (2011-2014). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on April 8, 2011; SIE (Securities Industry Essentials Examination), which he obtained on April 12, 2018; and Series 7 (General Securities Representative Examination), which he obtained on March 25, 2011. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received two pending customer complaints.

David VolpePublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 16, 2019 indicate that former Arizona-based LPL Financial broker/adviser David Volpe was recently discharged from a former employer in connection to alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Volpe (CRD# 2543478).

David Volpe has spent 22 years in the securities industry and was most recently registered with LPL Financial in Scottsdale, Arizona (2017-2018). Previous registrations include National Planning Corporation in Scottsdale, Arizona (2009-2017); AIG Financial Advisors in Phoenix, Arizona (2005-2008); and SunAmerica Securities in Phoenix, Arizona (1996-2005. He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 5, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 20, 1995; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on May 26, 1999; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on September 27, 1995; and Series 24 (General Securities Principal Examination), which he obtained on June 17, 1999. He is currently not registered with any state or firm.

According to his BrokerCheck report, he was recently discharged from a former employer in connection to alleged rule violations.

Aaron AustinPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 31, 2018 indicate that former Maryland-based LPL Financial broker/adviser Aaron Austin has been sanctioned by FINRA in connection to alleged rule violations and from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Austin (CRD# 5481214).

Aaron Austin has spent four years in the securities industry and was most recently registered with LPL Financial in Bel Air, Maryland (2017-2018). Previous registrations include M&T Securities in Bear, Delaware (2012-2015) and M&T Securities in Bel Air, Maryland (2010-2011). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 24, 2015; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 20, 2012; SIE (Securities Industry Essentials Examination), which he obtained on May 25, 2018; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on May 10, 2010. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received one customer complaint, one regulatory sanction, and a pending criminal charge, and he was discharged from his former employer in connection to alleged rule violations.

LPL FinancialPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 1, 2018 indicate that FINRA has sanctioned LPL Financial in connection to allegations the firm violated rules concerning the reporting of customer complaints as well as rules concerning anti-money laundering procedures. Fitapelli Kurta is interested in hearing from investors who have complaints regarding LPL Financial (CRD# 6413).

According to a FINRA release, FINRA found that LPL Financial failed in its duty “to file or amend registered representatives’ Forms U4 or U5 to disclose dozens of reportable customer complaints.” FINRA alleges specifically that the firm made an overly narrow interpretation of a regulatory requirement that firms report any complaint that contains “a claim for compensatory damages of $5,000 or more,” erroneously taking the phrase “to mean that the firm was not required to report any complaint that did not expressly request compensation,” even if the complaint concerned allegations that resulted in losses of $5,000 or more, and a holistic view of the complaint would make clear that the customer sought compensation. FINRA’s findings state that this incorrect interpretation resulted in the failure to report “at least 31 reportable customer complaints alleging sales practice violations,” as well as the failure to timely amend its representatives’ disclosure forms to reflect “at least 149 customer complaints and other reportable events,” such as judgments, bankruptcy filings, employment terminations, and other actions, whether regulatory, civil or criminal.

FINRA also found that the firm had an “unreasonably designed” anti-money laundering program that resulted in a failure to look into “numerous attempts to gain unauthorized access to electronic systems that could have resulted in the filing of Suspicious Activity Reports.” FINRA’s findings state that this failure resulted from LPL’s use of a chart that gave inaccurate guidance to anti-money laundering employees, ultimately resulting in the firm’s failure to file over 400 such reports.

Scott BurnsPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 30, 2018 indicate that former Michigan-based LPL Financial broker/adviser Scott Burns, who has received a customer dispute, was recently terminated from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Burns (CRD# 5140649).

Scott Burns has spent 12 years in the securities industry and was most recently registered as a broker with LPL Financial in Monroe, Michigan (2016-2018). Previous registrations include Fifth Third Securities in Toledo, Ohio (2011-2016); Signator Investors in Toledo, Ohio (2010-2011); UVest Financial Services Group in Flat Rock, Michigan (2009-2010); and Edward Jones in Monroe, Michigan (2006-2009). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on April 1, 2011; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 14, 2006; SIE (Securities Industry Essentials Examination), which he obtained on September 5, 2018; and Series 7 (General Securities Representative Examination), which he obtained on July 10, 2006. He is currently not registered as a broker with any state or firm.

According to his BrokerCheck report, he has received one customer complaint and was discharged from his former employer in connection to alleged rule violations.