Advisor Alert: Our Attorneys Are Investigating Mark Duane Hoover For Investment Fraud
Did You Lose Money Because of Mark Hoover?
Filed: November 29, 2023
Mark Hoover 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 Mark Duane Hoover.
Who Is Mark Duane Hoover of LPL Financial LLC?
- Advisor Name: Mark Duane Hoover
- Aliases: Mark Hoover
- CRD: 2223156
- Location: York, Pennsylvania
- Current Employer: LPL Financial LLC
- Previous Firms: Waddell & Reed
- Number of Known Customer Complaints: 1
- Can Mark Hoover Be Sued: Yes, in Private Arbitration
- Can Mark Hoover’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $8,000
- Highest Settlement: $9,042
If you have suffered investment losses by Mark Hoover, 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 Mark Hoover For Broker Misconduct
As of this publication date, Mark Hoover has been the subject of 1 customer dispute. Let’s review it below.
In December 2020, a complaint was filed against or in reference to Mark Hoover by multiple customers of Waddell & Reed, Inc. alleging that Mr. Hoover should have known they were over-contributing to their Roth IRAs for years 2015 & 2017-2019. The clients are asking that the contributions be removed and penalties be paid by the RR and/or firm. Per the customers, they lost over $8,000 because of Mr. Hoover’s actions. On May 6, 2021, Mr. Hoover settled the claim for $9,042.
How To File A Claim Against Mark Hoover of LPL Financial LLC (previously with Waddell & Reed) To Get Your Money Back.
If you have questions about Mark Hoover, LPL Financial LLC, Waddell & Reed, 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.