Advisor Alert: Our Attorneys Are Investigating Ervie Don Houston For Investment Fraud
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.