McGonigle is charged with three counts of wire fraud, one count of mail fraud, and one count of aggravated identity theft. Paul Richard McGonigle (CRD:[...]
LPL Financial
Employing over 14,000 financial advisors, and owning over $500 billion in advisory & brokerage assets, LPL Financial Holdings is the largest independent broker-dealer in the United States. LPL Financial provides a variety of financial services to it’s global customer base including equities, annuities, bonds, insurance, mutual funds, and programs that require a fee. Like many financial services firms, LPL Financial has been the subject of numerous of legal claims because of violations which caused significant losses for its investors. Browse the articles below to see the specific cases involving LPL Financial.
Clason was previously accused of stealing over $600k from a retired client. Matthew Clason (CRD: 4692266) was registered as a broker with LPL Financial from[...]
Scott faced a FINRA investigation into potential undisclosed outside business activities. John Lee Scott (CRD:2407619) was registered as a broker with LPL Financial from 2017[...]
FINRA was investigating allegations that Bedwell forged documentation to invest in a Ponzi scheme. Rhett Bedwell (CRD#:5664392) was registered as a broker with LPL Financial[...]
The claimant alleges that the investments recommended by Franklin were unsuitable. Joe Franklin (CRD#: 2673133) was registered as a broker with LPL Financial from 2010[...]
FINRA was attempting to investigate the allegations leading to Couture’s termination. James Kenneth Couture (CRD#: 4406284) was registered as a broker with LPL Financial from[...]
FINRA charged that LPL failed to establish and maintain an adequate supervisory system. The Sonn Law Group is investigating allegations that LPL Financial failed to[...]
The customer alleges that Fross failed to follow instructions between March and August of 2020. The Sonn Law Group is investigating allegations that Thomas Fross[...]
Taddeo has settled customer disputes with similar allegations earlier in 2020. The Sonn Law Group is investigating allegations that David Taddeo misrepresented variable annuities. If[...]
Fretz has been the subject of two settled customer disputes in the past year alleging unsuitable investment recommendations. The Sonn Law Group is investigating allegations[...]