Advisor Alert: Our Attorneys Are Investigating Emmett Andrew Johnson For Investment Fraud
Did You Lose Money Because of Emmett Johnson?
Filed: October 27, 2023
Emmett Johnson currently has one (1) judgment/lien event. Overall, he has been the subject of one (1) judgment/lien event, one (1) termination event, and five (5) 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 Emmett Andrew Johnson.
Who Is Emmett Andrew Johnson?
- Advisor Name: Emmett Andrew Johnson
- Aliases: Emmett Johnson
- CRD: 2433014
- Location: Austin, Texas
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC, RBC Capital Markets, LLC, and Wachovia Securities, LLC
- Number of Known Customer Complaints: 5
- Number of Known Termination Events: 1
- Number of Known Judgment/Lien Events: 1
- Can Emmett Johnson Be Sued: Yes, in Private Arbitration
- Can Emmett Johnson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $426,536
- Highest Settlement: $125,000
If you have suffered investment losses by Emmett Johnson, 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 Emmett Johnson For Broker Misconduct
As of this publication date, Emmett Johnson has been the subject of 1 termination event, 1 judgment/lien event, and 5 customer disputes. Let’s review them below.
In September 2019, a complaint was filed against or in reference to Emmett Johnson by a customer of Sagepoint Financial, Inc. alleging poor handling and advising of accounts. On December 19, 2019, Mr. Johnson settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Johnson’s employer and/or insurance carrier.
In August 2019, a complaint was filed against or in reference to Emmett Johnson by a customer of Pensionmark Financial Group, LLC alleging unsuitable investments. Per the customer, he/she lost over $426,536 because of Mr. Johnson’s actions. On January 6, 2020, Mr. Johnson settled the claim for $125,000, and some or all of this amount may have been paid by Mr. Johnson’s employer and/or insurance carrier.
In September 2017, Emmett Johnson was the subject of a civil judgment or lien in the amount of $92,955.35. 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 April 2016, a complaint was filed against or in reference to Emmett Johnson by a customer of LPL Financial, LLC alleging unsuitable mutual fund investments.
In December 2015, LPL Financial LLC terminated Emmett Johnson for concerns regarding UIT and mutual funds sales practices.
In December 2004, a NASD arbitration was filed against or in reference to Emmett Johnson by a customer of Prudential Equity Group, LLC alleging breach of fiduciary duty, negligence, misrepresentations, fraud, churning, and suitability. An arbitration panel found that Mr. Johnson was negligent and awarded $130,000 in favor of the customers.
In March 2000, a NASD arbitration was filed against or in reference to Emmett Johnson by a customer of Prudential Equity Group, LLC alleging unauthorized transactions, unsuitable investments, and churning. Per the customer, he/she lost over $9,898. because of Mr. Johnson’s actions. An arbitration panel found that Mr. Johnson was negligent and awarded $2,740 in favor of the customers.
How To File A Claim Against Emmett Johnson (previously with LPL Financial LLC, RBC Capital Markets, LLC, and Wachovia Securities, LLC) To Get Your Money Back.
If you have questions about Emmett Johnson, LPL Financial LLC, RBC Capital Markets, LLC, Wachovia Securities, 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.