Advisor Alert: Our Attorneys Are Investigating Steven Paul Farley For Investment Fraud
Did You Lose Money Because of Steve Farley?
Filed: November 29, 2023
Steve Farley 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 Steven Paul Farley.
Who Is Steven Paul Farley?
- Advisor Name: Steven Paul Farley
- Aliases: Steve Farley, Steven Farley
- CRD: 2237096
- Location: Bainbridge Island, Washington
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC and Edward D. Jones & Co., L.P.
- Number of Known Customer Complaints: 1
- Can Steven Farley Be Sued: Yes, in Private Arbitration
- Can Steven Farley’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $42,000
- Highest Settlement: $12,000
If you have suffered investment losses by Steven Farley, 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 Steve Farley For Broker Misconduct
As of this publication date, Steven Farley has been the subject of 1 customer dispute. Let’s review it below.
In September 2020, a FINRA arbitration was filed against or in reference to Steven Farley by a customer of LPL Financial LLC alleging that one of the investments purchased for the client’s portfolio in 2013 was unsuitable because the price of the investment allegedly declined in June of 2020. Per the customer, he lost over $42,000 because of Mr. Farley’s actions. On September 15, 2021, Mr. Farley settled the claim for $12,000, and some or all of this amount may have been paid by Mr. Farley’s employer and/or insurance carrier.
How To File A Claim Against Steve Farley (previously with LPL Financial LLC and Edward D. Jones & Co., L.P.) To Get Your Money Back.
If you have questions about Steven Farley, LPL Financial LLC, Edward D. Jones & Co., L.P., 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.