Category: LPL Financial

Did You Lose Money Because of Benjamin Fordham?

Filed: March 21, 2024

Benjamin Fordham (also known as Benjamin R Fordham, Benjamin Richard Fordham, Rhett R Fordham, Rhett Fordham) has been the subject of four (4) customer complaints and one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Benjamin Rhett Fordham.

Who Is Benjamin Rhett Fordham of LPL Financial LLC?

• Advisor Name: Benjamin Rhett Fordham
• Aliases: Benjamin R Fordham, Benjamin Richard Fordham, Rhett R Fordham, Rhett Fordham
• CRD: 4592437
• Location: Franklin, Tennessee
• Current Employer: LPL Financial LLC
• Previous Firms: Raymond James Financial Services Advisors, Inc., Raymond James Financial Services, Inc., and Fifth Third Securities, Inc.
• Number of Known Customer Complaints: 4
• Number of Known Regulatory Events: 1
• Can Benjamin Fordham Be Sued: Yes, in Private Arbitration
• Can Benjamin Fordham’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $178,000
• Highest Settlement: $32,500

If you have suffered investment losses by Benjamin Fordham, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Benjamin Fordham For Broker Misconduct

As of this publication date, Benjamin Fordham has been the subject of 4 customer disputes and 1 regulatory event. Let’s review them below.

In November 2022, a FINRA arbitration was filed against or in reference to Benjamin Fordham by multiple customers of Raymond James Financial Services, Inc. alleging unsuitable recommendations of structured products. Per the customers, they lost over $100,000 because of Mr. Fordham’s actions. On August 7, 2023, Mr. Fordham settled the claim for $32,500, and some or all of this amount may have been paid by Mr. Fordham’s employer and/or insurance carrier.

In December 2017, Florida Office of Financial Regulation initiated a regulatory action against or in reference to Benjamin Fordham for making a material misstatement on the application for registration.

In May 2014, a complaint was filed against or in reference to Benjamin Fordham by multiple customers of Fifth Third Securities, Inc. alleging that Mr. Fordham misrepresented a federal home loan mortgage bond and a unit investment trust which led to purchases in October of 2012. Per the customers, they lost over $178,000 because of Mr. Fordham’s actions. On June 18, 2015, Mr. Fordham settled the claim for $23,250, and some or all of this amount may have been paid by Mr. Fordham’s employer and/or insurance carrier.

In October 2013, a complaint was filed against or in reference to Benjamin Fordham by multiple customers of Fifth Third Securities, Inc. alleging that Mr. Fordham misrepresented a federal home loan mortgage bond which led to a purchase in October of 2012. Per the customers, they lost over $12,000 because of Mr. Fordham’s actions.

In June 2010, a complaint was filed against or in reference to Benjamin Fordham by a customer of Fifth Third Securities, Inc. alleging that Mr. Fordham misrepresented and made unsuitable recommendations of structured products, which led to a purchase in October 2009. Per the customer, he/she lost over $12,000 because of Mr. Fordham’s actions.

How To File A Claim Against Benjamin Fordham of LPL Financial LLC (previously with Raymond James Financial Services Advisors, Inc., Raymond James Financial Services, Inc., and Fifth Third Securities, Inc.) To Get Your Money Back

If you have questions about Benjamin Fordham, LPL Financial LLC, Raymond James Financial Services Advisors, Inc., Raymond James Financial Services, Inc., Fifth Third Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of David Giegerich?

Filed: March 21, 2024

David Giegerich currently has one (1) pending customer complaint and three (3) pending judgment/lien events. Overall, he has been the subject of one (1) customer complaint and three (3) judgment/lien events. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on David Paul Giegerich.

Who Is David Paul Giegerich?

• Advisor Name: David Paul Giegerich
• Aliases: David Giegerich
• CRD: 2795115
• Location: Bridgewater Township, New Jersey
• Current Employer: Currently Not Registered
• Previous Firms: LPL Financial LLC, First Allied Securities, Inc., and Genworth Financial Securities Corporation
• Number of Known Customer Complaints: 1
• Number of Known Judgment/Lien Events: 3
• Can David Giegerich Be Sued: Yes, in Private Arbitration
• Can David Giegerich’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $100,001
• Highest Settlement: Unknown

If you have suffered investment losses by David Giegerich, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against David Giegerich For Broker Misconduct

As of this publication date, David Giegerich has been the subject of 1 customer dispute and 3 judgment/lien events. Let’s review it below.

In June 2022, a FINRA arbitration was filed against or in reference to David Giegerich by a customer of First Allied Securities, Inc. alleging that Mr. Giegerich recommended investments that were unsuitable. The claimant generally alleges causes of action of suitability, misrepresentation, breach of contract, breach of fiduciary duty, and negligence. Per the customer, he/she lost over $100,001 because of Mr. Giegerich’s actions. As of this publication date, this claim remains pending.

In August 2021, David Giegerich was the subject of a civil judgment or lien in the amount of $5,931. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In October 2019, David Giegerich was the subject of a civil judgment or lien in the amount of $54,955. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In July 2018, David Giegerich was the subject of a civil judgment or lien in the amount of $53,674.50. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

How To File A Claim Against David Giegerich (previously with LPL Financial LLC, First Allied Securities, Inc., Genworth Financial Securities Corporation) To Get Your Money Back

If you have questions about David Giegerich, LPL Financial LLC, First Allied Securities, Inc., Genworth Financial Securities Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Stacy Cannon?

Filed: March 19, 2024

Stacy Cannon (also known as Stacy A Smith, Stacy Alden Smith) has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Stacy Alden Cannon.

Who Is Stacy Alden Cannon of LPL Financial LLC?

• Advisor Name: Stacy Alden Cannon
• Aliases: Stacy A Smith, Stacy Alden Smith
• CRD: 2372109
• Location: Charleston, South Carolina
• Current Employer: LPL Financial LLC
• Previous Firms: Uvest Financial Services Group, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated
• Number of Known Customer Complaints: 1
• Can Stacy Cannon Be Sued: Yes, in Private Arbitration
• Can Stacy Cannon’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Stacy Cannon, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Stacy Cannon For Broker Misconduct

As of this publication date, Stacy Cannon has been the subject of 1 customer dispute. Let’s review it below.

In November 2022, a complaint was filed against or in reference to Stacy Cannon by a customer of LPL Financial LLC alleging that the terms of the variable annuities that the client and his wife purchased in 2007, 2010 and 2015 for a total of $498,000 were unsuitable and were misrepresented as having lifetime income benefits. The customer seeks unspecified damages.

How To File A Claim Against Stacy Cannon of LPL Financial LLC (previously with Uvest Financial Services Group, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back

If you have questions about Stacy Cannon, LPL Financial LLC, Uvest Financial Services Group, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Robert Li?

Filed: March 15, 202

Robert Li has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Robert T Li.

Who Is Robert T Li of LPL Financial LLC?

• Advisor Name: Robert T Li
• Aliases: Robert Li
• CRD: 4068255
• Location: Naperville, Illinois
• Current Employer: LPL Financial LLC
• Previous Firms: Wachovia Securities, LLC and Prudential Securities Incorporated
• Number of Known Customer Complaints: 3
• Can Robert Li Be Sued: Yes, in Private Arbitration
• Can Robert Li’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $200,000
• Highest Settlement: $100,000

If you have suffered investment losses by Robert Li, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Robert Li For Broker Misconduct

As of this publication date, Robert Li has been the subject of 3 customer disputes. Let’s review them below.

In January 2023, a FINRA arbitration was filed against or in reference to Robert Li by a customer of LPL Financial LLC alleging that Mr. Li recommended an investment strategy involving REITs, and buying certain equities on margin which were not suitable for the customer’s investment objectives and risk tolerance. Per the customer, he/she lost over $200,000 because of Mr. Li’s actions. On July 14, 2023, Mr. Li settled the claim for $100,000, and some or all of this amount may have been paid by Mr. Li’s employer and/or insurance carrier.

In January 2023, a FINRA arbitration was filed against or in reference to Robert Li by a customer of LPL Financial LLC alleging that Mr. Li recommended an investment strategy involving buying certain equities on margin which was not suitable for the customer’s investment objectives and risk tolerance. Per the customer, he/she lost over $75,000 because of Mr. Li’s actions. On July 14, 2023, Mr. Li settled the claim for $40,000, and some or all of this amount may have been paid by Mr. Li’s employer and/or insurance carrier.

In January 2002, a complaint was filed against or in reference to Robert Li by a customer of PSI alleging that Mr. Li invested in an aggressive fund when a customer requested that her funds be transferred to a conservative fund. Per the customer, she lost over $49,500 because of Mr. Li’s actions.

How To File A Claim Against Robert Li of LPL Financial LLC (previously with Wachovia Securities, LLC and Prudential Securities Incorporated) To Get Your Money Back

If you have questions about Robert Li, LPL Financial LLC, Wachovia Securities, LLC, Prudential Securities Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of William Smith?

Filed: March 15, 2024

William Smith (also known as Cole Smith, William C Smith) has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on William Cole Smith.

Who Is William Cole Smith of LPL Financial LLC and Integrated Wealth Concepts LLC?

• Advisor Name: William Cole Smith
• Aliases: Cole Smith, William C Smith
• CRD: 5327357
• Location: Fairfax, Virginia
• Current Employer: LPL Financial LLC and Integrated Wealth Concepts LLC
• Previous Firms: Lincoln Financial Advisors Corporation and Ameriprise Financial Services, Inc.
• Number of Known Customer Complaints: 1
• Can William Smith Be Sued: Yes, in Private Arbitration
• Can William Smith’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $100,000
• Highest Settlement: $79,721.09

If you have suffered investment losses by William Smith, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against William Smith For Broker Misconduct

As of this publication date, William Smith has been the subject of 1 customer dispute. Let’s review it below.

In January 2023, a FINRA arbitration was filed against or in reference to William Smith by multiple customers of Lincoln Financial Advisors Corporation alleging that Mr. Smith recommended an unsuitable Oil & Gas Investment. Per the customers, they lost over $100,000 because of Mr. Smith’s actions. On October 6, 2023, Mr. Smith settled the claim for $79,721.09, and some or all of this amount may have been paid by Mr. Smith’s employer and/or insurance carrier.

How To File A Claim Against William Smith of LPL Financial LLC and Integrated Wealth Concepts LLC (previously with Lincoln Financial Advisors Corporation and Ameriprise Financial Services, Inc.) To Get Your Money Back

If you have questions about William Smith, LPL Financial LLC, Integrated Wealth Concepts LLC, Lincoln Financial Advisors Corporation, Ameriprise Financial Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Eileen Cure?

Filed: March 14, 2024

Eileen Cure (also known as Eileen Hall, Eileen Law Judice, Eileen Hall Klein, Eileen Klein, Eileen H. Law, Eileen Hall Law, Eileen Law, Eillen H Law, Eileen H. Law Cure) has been the subject of two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Eileen Law Cure.

Who Is Eileen Law Cure?

• Advisor Name: Eileen Law Cure
• Aliases: Eileen Hall, Eileen Law Judice, Eileen Hall Klein, Eileen Klein, Eileen H. Law, Eileen Hall Law, Eileen Law, Eillen H Law, Eileen H. Law Cure
• CRD: 2224269
• Location: Nederland, Texas
• Current Employer: Currently Not Registered
• Previous Firms: LPL Financial LLC, HD Vest Investment Services, Investment Management & Research, Inc.
• Number of Known Customer Complaints: 2
• Can Eileen Cure Be Sued: Yes, in Private Arbitration
• Can Eileen Cure’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $200,000
• Highest Settlement: $46,500

If you have suffered investment losses by Eileen Cure, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Eileen Cure For Broker Misconduct

As of this publication date, Eileen Cure has been the subject of 2 customer disputes. Let’s review them below.

In October 2022, a FINRA arbitration was filed against or in reference to Eileen Cure by multiple customers of Avantax Investment Services, Inc. alleging that Ms. Cure over concentrated their assets in unsuitable illiquid investments. Per the customers, they lost over $200,000 because of Ms. Cure’s actions. On October 24, 2023, Ms. Cure settled the claim for $46,500, and some or all of this amount may have been paid by Ms. Cure’s employer and/or insurance carrier.

In May 2022, a FINRA arbitration was filed against or in reference to Eileen Cure by multiple customers of Avantax Investment Services, Inc. alleging that Ms. Cure recommended an investment that was unsuitable for her customer. Per the customers, they lost over $25,000 because of Ms. Cure’s actions. On November 11, 2022, Ms. Cure settled the claim for $15,833, and some or all of this amount may have been paid by Ms. Cure’s employer and/or insurance carrier.

How To File A Claim Against Eileen Cure of (previously with LPL Financial LLC, HD Vest Investment Services, Investment Management & Research, Inc.) To Get Your Money Back

If you have questions about Eileen Cure, LPL Financial LLC, HD Vest Investment Services, Investment Management & Research, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Damon Mapes?

Filed: March 13, 2024

Damon Mapes currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Damon Merrill Mapes.

Who Is Damon Merrill Mapes of LPL Financial LLC?

• Advisor Name: Damon Merrill Mapes
• Aliases: Damon Mapes
• CRD: 4011748
• Location: Hillsboro, Oregon
• Current Employer: LPL Financial LLC
• Previous Firms: Cetera Investment Advisers LLC and Cetera Investment Services LLC
• Number of Known Customer Complaints: 2
• Can Damon Mapes Be Sued: Yes, in Private Arbitration
• Can Damon Mapes’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $250,000
• Highest Settlement: $20,000

If you have suffered investment losses by Damon Mapes, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Damon Mapes For Broker Misconduct

As of this publication date, Damon Mapes has been the subject of 2 customer disputes. Let’s review them below.

In February 2024, a FINRA arbitration was filed against or in reference to Damon Mapes by a customer of Cetera Investment Services LLC alleging that Mr. Mapes made unsuitable investment recommendations. Per the customer, he/she lost over $250,000 because of Mr. Mapes’s actions. As of this publication date, this claim remains pending.

In June 2001, a complaint was filed against or in reference to Damon Mapes by a customer of Merrill Lynch alleging that her investments were not suitable. Per the customer, she lost over $39,000 because of Mr. Mapes’s actions. On October 29, 2001, Mr. Mapes settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Mapes’s employer and/or insurance carrier.

How To File A Claim Against Damon Mapes of LPL Financial LLC (previously with Cetera Investment Advisers LLC and Cetera Investment Services LLC) To Get Your Money Back

If you have questions about Damon Mapes, LPL Financial LLC, Cetera Investment Advisers LLC, Cetera Investment Services LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Joshua Cook?

Filed: March 13, 2024

Joshua Cook has been the subject of one (1) regulatory event and one (1) termination event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Joshua R Cook.

Who Is Joshua R Cook?

• Advisor Name: Joshua R Cook
• Aliases: Joshua Cook
• CRD: 4277525
• Location: Vernal, Utah
• Current Employer: Currently Not Registered
• Previous Firms: LPL Financial LLC, Cetera Advisor Networks LLC, and Zions Direct, Inc.
• Number of Known Regulatory Events: 1
• Number of Known Termination Events: 1
• Can Joshua Cook Be Sued: Yes, in Private Arbitration
• Can Joshua Cook’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Joshua Cook, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a portfolio mismanagement lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Joshua Cook For Broker Misconduct

As of this publication date, Joshua Cook has been the subject of 1 regulatory event and 1 termination event. Let’s review them below.

In March 2024, FINRA initiated a regulatory action against or in reference to Joshua Cook for allegedly electronically signing the names of customers, some of whom were seniors, on account documents without the customers’ prior permission.

In March 2022, LPL Financial LLC terminated Joshua Cook for electronically signing account documents on behalf of customers.

How To File A Claim Against Joshua Cook (previously with LPL Financial LLC, Cetera Advisor Networks LLC, and Zions Direct, Inc.) To Get Your Money Back

If you have questions about Joshua Cook, LPL Financial LLC, Cetera Advisor Networks LLC, Zions Direct, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Barry Buchholz?

Filed: March 12, 2024

Barry Buchholz (also known as Barry Luther Bucholz) currently has three (3) pending customer complaints. Overall, he has been the subject of eight (8) customer complaints and one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Barry Luther Buchholz.

Who Is Barry Luther Buchholz of LPL Financial LLC?

• Advisor Name: Barry Luther Buchholz
• Aliases: Barry Luther Bucholz
• CRD: 1583582
• Location: Cedar Rapids, Iowa
• Current Employer: LPL Financial LLC
• Previous Firms: Private Client Services, LLC, Cambridge Investment Research, Inc., and New England Securities
• Number of Known Customer Complaints: 8
• Number of Known Regulatory Events: 1
• Can Barry Buchholz Be Sued: Yes, in Private Arbitration
• Can Barry Buchholz’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $131,725
• Highest Settlement: $13,000

If you have suffered investment losses by Barry Buchholz, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Barry Buchholz For Broker Misconduct

As of this publication date, Barry Buchholz has been the subject of 8 customer disputes and 1 regulatory event. Let’s review them below.

In January 2024, a complaint was filed against or in reference to Barry Buchholz by a customer of LPL Financial LLC alleging unauthorized trading. Per the customer, he/she lost over $10,000 because of Mr. Buchholz’s actions. As of this publication date, this claim remains pending.

In November 2023, a complaint was filed against or in reference to Barry Buchholz by a customer of LPL Financial LLC alleging unauthorized trading. As of this publication date, this claim remains pending.

In November 2023, a complaint was filed against or in reference to Barry Buchholz by a customer of LPL Financial LLC alleging unauthorized trading. As of this publication date, this claim remains pending.

In February 2023, a complaint was filed against or in reference to Barry Buchholz by a customer of Private Client Services, LLC alleging that Mr. Buchholz made an unsuitable recommendation by soliciting the purchase of a variable annuity funded by refinancing the client’s mortgage, did not disclose the variable annuity’s surrender charge, and misrepresented the liquidity features of the variable annuity. Per the customer, he/she lost over $131,725 because of Mr. Buchholz’s actions.

In April 2014, a complaint was filed against or in reference to Barry Buchholz by a customer of Ohio National Life alleging that the insurance policy was never a suitable policy for his mother and was given poor recommendations.

In May 2005, a complaint was filed against or in reference to Barry Buchholz by a customer of The O.N. Equity Sales Company. Per the customer, he/she lost over $5,236.21 because of Mr. Buchholz’s actions.

In July 2003, a complaint was filed against or in reference to Barry Buchholz by a customer of The O.N. Equity Sales Company alleging that Mr. Buchholz reviewed 3 existing life policies to have a paid up life insurance policy. The client surrendered 3 existing policies for a paid up policy which would sustain itself. The client then received a premium notice of $4380 to maintain the policy payment of $20,786 is due. Per the customer, he/she lost over $20,786 because of Mr. Buchholz’s actions. On May 28, 2004, Mr. Buchholz settled the claim for $13,000, and some or all of this amount may have been paid by Mr. Buchholz’s employer and/or insurance carrier.

In March 2003, the State of Iowa – Iowa Insurance Division initiated a regulatory action against or in reference to Barry Buchholz for allegations that he violated Iowa insurance regulations regarding replacements.

In September 2001, a complaint was filed against or in reference to Barry Buchholz by a customer of The O.N. Equity Sales Company alleging that Mr. Buchholz recommended client exchange two variable annuities, which occurred on august 30, 2002. The client states that she was unaware of surrender charges or her rights under the free-look provision. She experienced market depreciation in her allocations in the new contracts. Per the customer, she lost over $18,569.41 because of Mr. Buchholz’s actions. On March 11, 2003, Mr. Buchholz settled the claim for $2,500.

How To File A Claim Against Barry Buchholz of LPL Financial LLC (previously with Private Client Services, LLC, Cambridge Investment Research, Inc., and New England Securities) To Get Your Money Back

If you have questions about Barry Buchholz, LPL Financial LLC, Private Client Services, LLC, Cambridge Investment Research, Inc., New England Securities, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Ervie Houston?

Filed: March 12, 2024

Ervie Houston has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Ervie Don Houston.

Who Is Ervie Don Houston of LPL Financial LLC?

• Advisor Name: Ervie Don Houston
• Aliases: Ervie Houston
• CRD: 5527507
• Location: Vancouver, Washington and Tigard, Oregon
• Current Employer: LPL Financial LLC
• Previous Firms: Cambridge Investment Research Advisors, Inc., Cambridge Investment Research, Inc., and Cetera Investment Advisers LLC
• Number of Known Customer Complaints: 1
• Can Ervie Houston Be Sued: Yes, in Private Arbitration
• Can Ervie Houston’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $105,000
• Highest Settlement: $14,975

If you have suffered investment losses by Ervie Houston, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Ervie Houston For Broker Misconduct

As of this publication date, Ervie Houston has been the subject of 1 customer dispute. Let’s review it below.

In May 2023, a complaint was filed against or in reference to Ervie Houston by a customer of Cetera Investment Services LLC alleging that Mr. Houston recommended an unsuitable investment strategy. This strategy included high commission, speculative, and illiquid alternative investments. Per the customer, he/she lost over $105,000 because of Mr. Houston’s actions. On June 20, 2023, Mr. Houston settled the claim for $14,975, and some or all of this amount may have been paid by Mr. Houston’s employer and/or insurance carrier.

How To File A Claim Against Ervie Houston of LPL Financial LLC (previously with Cambridge Investment Research Advisors, Inc., Cambridge Investment Research, Inc., and Cetera Investment Advisers LLC) To Get Your Money Back

If you have questions about Ervie Houston, LPL Financial LLC, Cambridge Investment Research Advisors, Inc., Cambridge Investment Research, Inc., Cetera Investment Advisers LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.