Advisor Alert: Our Attorneys Are Investigating Melinda Cook McCullough For Investment Fraud
Did You Lose Money Because of Melinda McCullough?
Filed: November 29, 2023
Melinda Joy Cook (also known as Melinda Cook McCullough) has been the subject of one (1) regulatory event, seven (7) financial events, and 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 Melinda Cook McCullough.
Who Is Melinda Cook McCullough of LPL Financial LLC?
- Advisor Name: Melinda Cook McCullough
- Aliases: Melinda Joy Cook
- CRD: 5109052
- Location: Clanton, Alabama
- Current Employer: LPL Financial LLC
- Previous Firms: BFC Planning, Inc. and Berthel Fisher & Company Financial Services, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Number of Known Financial Events: 7
- Can Melinda McCullough Be Sued: Yes, in Private Arbitration
- Can Melinda McCullough’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: $22,500
If you have suffered investment losses by Melinda McCullough, 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 Melinda McCullough For Broker Misconduct
As of this publication date, Melinda McCullough has been the subject of 1 regulatory event, 7 financial events, and 1 customer dispute. Let’s review them below.
In May 2019, Wells Fargo reported that Melinda McCullough had outstanding debt totaling $8,768. Ms. McCullough settled this matter in the amount of $3,507.
In April 2019, CITI reported that Melinda McCullough had outstanding debt totaling $9,888. Ms. McCullough settled this matter in the amount of $3,995.
In April 2019, Capital One reported that Melinda McCullough had outstanding debt totaling $16,818. Ms. McCullough settled this matter in the amount of $8,913.
In April 2019, American Express reported that Melinda McCullough had outstanding debt totaling $5,495. Ms. McCullough settled this matter in the amount of $2,700.
In April 2019, Discover Bank reported that Melinda McCullough had outstanding debt totaling $15,413. Ms. McCullough settled this matter in the amount of $6,166.
In April 2019, Capital One reported that Melinda McCullough had outstanding debt totaling $32,959. Ms. McCullough settled this matter in the amount of $17,468.
In April 2019, Bank of America reported that Melinda McCullough had outstanding debt totaling $2,950. Ms. McCullough settled this matter in the amount of $1,773.
In July 2020, a FINRA arbitration was filed against or in reference to Melinda McCullough by multiple customers of Berthel Fisher & Company Financial Services, Inc. alleging that the investments purchased between 2014-2015 were unsuitable and misrepresented by the representative. The clients also allege the firm failed to supervise the actions of the representative and failed to perform adequate due diligence. On January 24, 2022, Ms. McCullough settled the claim for $22,500, and some or all of this amount may have been paid by Ms. McCullough’s employer and/or insurance carrier.
In December 2010, Alabama Securities Commission initiated a regulatory action against or in reference to Melinda McCullough. On 14 Dec 2010 the Commission issued a show cause order to respondents for the offer and sale of unregistered securities in Alabama. The securities were promissory notes. The order also cited respondents Conner, Cummings, Dozier, Hay, Stevens, and Wilson for selling preferred stock in an unsuitable manner. The order also cited Walker for dishonest or unethical business practice and cited Walker, Lankford, and Latham for failure to supervise.
How To File A Claim Against Melinda McCullough of LPL Financial LLC (previously with BFC Planning, Inc. and Berthel Fisher & Company Financial Services, Inc.) To Get Your Money Back.
If you have questions about Melinda McCullough, LPL Financial LLC, BFC Planning, Inc., Berthel Fisher & Company Financial Services, 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.