Advisor Alert: Our Attorneys Are Investigating Cheryl Lynn Marquez For Investment Fraud

Did You Lose Money Because of Cheryl Marquez?

Filed: November 16, 2023

Cheryl Lynn Aldava (also known as Cheryl Marquez, Cheryl Lynn Uhlir, and Cheryl Lynn Marquez) 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 Cheryl Lynn Marquez.

Who Is Cheryl Lynn Marquez of LPL Financial LLC?

  • Advisor Name: Cheryl Lynn Marquez
  • Aliases: Cheryl Lynn Aldava, Cheryl Marquez, Cheryl Lynn Uhlir
  • CRD: 1903735
  • Location: Campbell, California
  • Current Employer: LPL Financial LLC
  • Previous Firms: Waddell & Reed
  • Number of Known Customer Complaints: 1
  • Can Cheryl Marquez Be Sued: Yes, in Private Arbitration
  • Can Cheryl Marquez’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $119,594.09
  • Highest Settlement: $45,000

If you have suffered investment losses by Cheryl Marquez, 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 Cheryl Marquez For Broker Misconduct

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

In September 2020, a FINRA arbitration was filed against or in reference to Cheryl Marquez by multiple customers of Waddell & Reed alleging that Ms. Marquez did not follow explicit instructions to sell and failed to inform them about the status of their investment resulting in a loss in their account. Per the customers, they lost over $119,594.09 because of Ms. Marquez’s actions. On May 11, 2022, Ms. Marquez settled the claim for $45,000, and some or all of this amount may have been paid by Ms. Marquez’s employer and/or insurance carrier.

How To File A Claim Against Cheryl Marquez of LPL Financial LLC (previously with Waddell & Reed) To Get Your Money Back.

If you have questions about Cheryl Marquez, LPL Financial LLC, Waddell & Reed, 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.