INVESTORS: Lincoln Financial Advisors broker Richard Glenn Shaw is facing pending customer disputes alleging recommendation of unsuitable investments.
Richard Glenn Shaw (CRD#: 1870018) is registered as a broker and investment adviser with Lincoln Financial Advisors, where he’s been employed since 1998. Previously, Shaw was registered as a broker with Cigna Financial Advisors from 1988 until 1998.
Shaw has twelve disclosures on his BrokerCheck report. Two customer disputes filed against Shaw were denied. Three disclosures relate to criminal matters of Shaw’s.
June 2022 Customer Dispute
Status: Pending
Allegations: Claimant alleges that their registered representative recommended an Unsuitable Oil & Gas investment.
May 2022 Customer Dispute
Status: Pending
Allegations: Claimant alleges that their registered representative recommended an unsuitable Oil & Gas investment.
April 2022 Customer Dispute
Status: Pending
Allegations: Claimant alleges that their registered representative recommended an unsuitable Oil & Gas investment.
April 2022 Customer Dispute
Status: Pending
Allegations: Claimant alleges that their registered representative recommended an unsuitable Oil & Gas investment.
February 2022 Customer Dispute
Status: Pending
Allegations: Claimants allege the representative sold unsuitable Oil & Gas and REIT investments.
February 2022 Customer Dispute
Status: Pending
Allegations: Claimant alleges the representative sold him two unsuitable investments.
October 2020 Regulatory Judgment
Status: Final
Initiated By: Kansas Insurance Department
Allegations: My Life, Heath, Variable insurance license was suspended from 10/11/2020 to 10/26/2020 as I was late in paying the renewal fee. The fee was paid and the license re-activated 10/26/2020.
Resolution: Renewal fee paid and license re-activated.
Sanctions: Suspension
Registration Capacities Affected: Life, Heath, Variable insurance in the state of Kansas
Duration: 16 days
Start Date: 10/11/2020
End Date: 10/26/2020
If you have any information about Richard Glenn Shaw that you would like to share or discuss, please call our firm for a confidential consultation. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.
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