Advisor Alert: Our Attorneys Are Investigating Karen Briggs For Investment Fraud

Did You Lose Money Because of Karen Briggs?

Filed: November 6, 2023

Karen Elizabeth Briggs 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 Karen Briggs.

Who Is Karen Briggs?

  • Advisor Name: Karen Briggs
  • Aliases: Karen Elizabeth Briggs
  • CRD: 1100275
  • Location: Edmonds, Washington
  • Current Employer: Currently Not Registered
  • Previous Firms: LPL Financial LLC, Securities Service Network, Inc., and Sagepoint Financial, Inc.
  • Number of Known Customer Complaints: 2
  • Can Karen Briggs Be Sued: Yes, in Private Arbitration
  • Can Karen Briggs’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $125,000
  • Highest Settlement: $35,000

If you have suffered investment losses by Karen Briggs, 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 Karen Briggs For Broker Misconduct

As of this publication date, Karen Briggs has been the subject of 2 customer disputes. Let’s review them below.

In July 2021, a complaint was filed against or in reference to Karen Briggs by a customer of LPL Financial LLC alleging unsuitable recommendations.

In November 2020, a FINRA arbitration was filed against or in reference to Karen Briggs by multiple customers of LPL Financial LLC alleging that Briggs made misrepresentations in recommending investments in two non-traded real estate investment trusts and a non-traded business development company that were not suitable for claimants’ investment objective and risk tolerance in 2014. Per the customers, they lost over $125,000 because of Briggs’s actions. On February 11 2022, Briggs settled the claim for $35,000, and some or all of this amount may have been paid by Briggs’s employer and/or insurance carrier.

How To File A Claim Against Karen Briggs (previously with LPL Financial LLC, Securities Service Network, Inc., and Sagepoint Financial, Inc.) To Get Your Money Back.

If you have questions about Karen Briggs, LPL Financial LLC, Securities Service Network, Inc., Sagepoint Financial, 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.