Advisor Alert: Our Attorneys Are Investigating James Patrick Chiaro For Investment Fraud
Did You Lose Money Because of James Chiaro?
Filed: November 6, 2023
James Chiaro 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 James Patrick Chiaro.
Who Is James Patrick Chiaro of LPL Financial LLC?
- Advisor Name: James Patrick Chiaro
- Aliases: James Chiaro
- CRD: 4866429
- Location: Dunmore, Pennsylvania
- Current Employer: LPL Financial LLC
- Previous Firms: Citizens Securities, Inc., and PNC Investments
- Number of Known Customer Complaints: 2
- Can James Chiaro Be Sued: Yes, in Private Arbitration
- Can James Chiaro’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $171,000
- Highest Settlement: $34,750
If you have suffered investment losses by James Chiaro, 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 James Chiaro For Broker Misconduct
As of this publication date, James Chiaro has been the subject of 2 customer disputes. Let’s review them below.
In February 2021, a complaint was filed against or in reference to James Chiaro by a customer of LPL Financial LLC alleging that Mr. Chiaro did not execute trades in the customer’s account at the time he said he would, causing losses from January 1, 2020 to May 31, 2020. Per the customer, he/she lost over $171,000 because of Mr. Chiaro’s actions. On August 31, 2022, Mr. Chiaro settled the claim for $34,750, and some or all of this amount may have been paid by Mr. Chiaro’s employer and/or insurance carrier.
In May 2020, a complaint was filed against or in reference to James Chiaro by a customer of LPL Financial LLC alleging that sales of ETFs on March 20, 2020 were unauthorized, and that account was mismanaged thereafter.
How To File A Claim Against James Chiaro of LPL Financial LLC (previously with Citizens Securities, Inc., and PNC Investments) To Get Your Money Back.
If you have questions about James Chiaro, LPL Financial LLC, Citizens Securities, Inc., PNC Investments, 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.