Advisor Alert: Our Attorneys Are Investigating Gregory Ellis Gann For Investment Fraud
Did You Lose Money Because of Gregory Gann?
Filed: October 27, 2023
Ellis Levin Gann (also known as Gregory Ellis Gann) 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 Gregory Ellis Gann.
Who Is Gregory Ellis Gann of LPL Financial LLC?
- Advisor Name: Gregory Ellis Gann
- Aliases: Ellis Levin Gann, Gregory Ellislevin Gann
- CRD: 2144505
- Location: Baltimore, Maryland
- Current Employer: LPL Financial LLC
- Previous Firms: Intersecurities, Inc. and MML Investors Services, Inc.
- Number of Known Customer Complaints: 2
- Can Gregory Gann Be Sued: Yes, in Private Arbitration
- Can Gregory Gann’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $82,500
- Highest Settlement: $40,000
If you have suffered investment losses by Gregory Gann, 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 Gregory Gann For Broker Misconduct
As of this publication date, Gregory Gann has been the subject of 2 customer disputes. Let’s review them below.
In May 2020, a FINRA arbitration was filed against or in reference to Gregory Gann by a customer of LPL Financial LLC alleging poor advice, unsuitability and failure to supervise in connection with the client’s investment in one REIT. Per the customer, she lost over $82,500 because of Mr. Gann’s actions. On April 6, 2021, Mr. Gann settled the claim for $40,000, and some or all of this amount may have been paid by Mr. Gann’s employer and/or insurance carrier.
In December 2019, a FINRA arbitration was filed against or in reference to Gregory Gann by a customer of LPL Financial LLC alleging that Mr. Gann solicited the client to invest in Northstar Healthcare REIT, and in doing so, Mr. Gann failed to adequately advise the claimant about the risk of the investment and the high commissions received for selling it. The client also alleges claims for: negligent supervision, breach of contract, fraud, misrepresentation, failure to supervise, breach of fiduciary duty and violations of FINRA Rules. Per the customer, he lost over $52,000 because of Mr. Gann’s actions. On February 1, 2021, Mr. Gann settled the claim for $5,000, and some or all of this amount may have been paid by Mr. Gann’s employer and/or insurance carrier.
How To File A Claim Against Gregory Gann of LPL Financial LLC (previously with Intersecurities, Inc. and MML Investors Services, Inc.) To Get Your Money Back.
If you have questions about Gregory Gann, LPL Financial LLC, Intersecurities, Inc., MML Investors 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.