Advisor Alert: Our Attorneys Are Investigating Jeffrey Richard Karp For Investment Fraud
Did You Lose Money Because of Jeffrey Karp?
Filed: November 29, 2023
Jeffrey Karp currently has one (1) pending customer complaint. Overall, he 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 Jeffrey Richard Karp.
Who Is Jeffrey Richard Karp of LPL Financial LLC?
- Advisor Name: Jeffrey Richard Karp
- Aliases: Jeffrey Karp
- CRD: 2466542
- Location: Mooresville, North Carolina
- Current Employer: LPL Financial LLC
- Previous Firms: Mony Securities Corporation and Trusted Advisors
- Number of Known Customer Complaints: 1
- Can Jeffrey Karp Be Sued: Yes, in Private Arbitration
- Can Jeffrey Karp’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $150,000
- Highest Settlement: Unknown
If you have suffered investment losses by Jeffrey Karp, 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 Jeffrey Karp For Broker Misconduct
As of this publication date, Jeffrey Karp has been the subject of 1 customer dispute. Let’s review it below.
In June 2023, a FINRA arbitration was filed against or in reference to Jeffrey Karp by a customer of LPL Financial LLC alleging in hindsight that an investment she made in March 2014, which lost value in 2023, nine years after purchase at a different company, was not suited to her objective or risk tolerance. Per the customer, he/she lost over $150,000 because of Mr. Karp’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Jeffrey Karp of LPL Financial LLC (previously with Mony Securities Corporation and Trusted Advisors) To Get Your Money Back.
If you have questions about Jeffrey Karp, LPL Financial LLC, Mony Securities Corporation, Trusted Advisors, 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.