Advisor Alert: Our Attorneys Are Investigating Lawrence Richard Greenfield For Investment Fraud
Did You Lose Money Because of Larry Greenfield?
Filed: November 2, 2023
Larry Greenfield currently has six (6) pending customer complaints. Overall, he has been the subject of nine (9) 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 Lawrence Richard Greenfield.
Who Is Lawrence Richard Greenfield?
- Advisor Name: Lawrence Richard Greenfield
- Aliases: Larry Greenfield
- CRD: 4056913
- Location: Woodland Hills, California
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC, Arete Wealth Management, LLC, and Assent LLC
- Number of Known Customer Complaints: 9
- Can Lawrence Greenfield Be Sued: Yes, in Private Arbitration
- Can Lawrence Greenfield’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $950,000
- Highest Settlement: $175,000
If you have suffered investment losses by Larry Greenfield, 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 Larry Greenfield For Broker Misconduct
As of this publication date, Lawrence Greenfield has been the subject of 9 customer disputes. Let’s review them below.
In September 2023, a FINRA arbitration was filed against or in reference to Lawrence Greenfield by a customer of Arete Wealth Management LLC alleging unsuitable investment recommendations in 2017. Per the customer, he/she lost over $950,000 because of Mr. Greenfield’s actions. As of this publication date, this claim remains pending.
In May 2023, a FINRA arbitration was filed against or in reference to Lawrence Greenfield by a customer of Arete Wealth Management LLC alleging unsuitable investment recommendations in 2018. Per the customer, he/she lost over $100,000 because of Mr. Greenfield’s actions. As of this publication date, this claim remains pending.
In March 2023, a FINRA arbitration was filed against or in reference to Lawrence Greenfield by multiple customers of Arete Wealth Management LLC alleging unsuitable investment recommendations. Per the customers, they lost over $500,000 because of Mr. Greenfield’s actions. As of this publication date, this claim remains pending.
In February 2023, a FINRA arbitration was filed against or in reference to Lawrence Greenfield by multiple customers of Arete Wealth Management LLC alleging unsuitable investment recommendations in May 2017, September 2019 and January 2021. Per the customers, they lost over $257,500 because of Mr. Greenfield’s actions. As of this publication date, this claim remains pending.
In June 2022, a FINRA arbitration was filed against or in reference to Lawrence Greenfield by a customer of Arete Wealth Management LLC alleging unsuitable investment recommendations in 2017. Per the customer, he/she lost over $100,000 because of Mr. Greenfield’s actions. As of this publication date, this claim remains pending.
In July 2021, a complaint was filed against or in reference to Lawrence Greenfield by a customer of LPL Financial Corporation alleging deceptive practices and misrepresentation during sales of unspecified products.
In January 2019, a FINRA arbitration was filed against or in reference to Lawrence Greenfield by multiple customers of Arete Wealth Management LLC alleging unsuitable investment recommendations. On May 28, 2021, Mr. Greenfield settled the claim for $175,000, and some or all of this amount may have been paid by Mr. Greenfield’s employer and/or insurance carrier.
In April 2016, a complaint was filed against or in reference to Lawrence Greenfield by a customer of Arete Wealth Management LLC alleging that in 2015, a transaction recommended by Mr. Greenfield created an unwanted taxable event and the client is unhappy about a recommended security that lost value. Per the customer, he/she lost over $22,000 because of Mr. Greenfield’s actions.
In November 2015, a complaint was filed against or in reference to Lawrence Greenfield by a customer of Arete Wealth Management LLC alleging breaches of fiduciary and regulatory obligations by Jonathan Greenfield, Lawrence Greenfield and Arete Wealth Management beginning in June 2013. Per the customer, he/she lost over $30,000 because of Mr. Greenfield’s actions.
How To File A Claim Against Larry Greenfield (previously with LPL Financial LLC, Arete Wealth Management, LLC, and Assent LLC) To Get Your Money Back.
If you have questions about Lawrence Greenfield, LPL Financial LLC, Arete Wealth Management, LLC, Assent 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.