Advisor Alert: Our Attorneys Are Investigating Timothy Avila For Investment Fraud
Did You Lose Money Because of Timothy Avila?
Filed: November 29, 2023
Timothy Avila 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 Timothy Avila.
Who Is Timothy Avila?
- Advisor Name: Timothy Avila
- Aliases: Timothy R Avila
- CRD: 6885061
- Location: Yuma, Arizona
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC
- Number of Known Customer Complaints: 1
- Can Timothy Avila Be Sued: Yes, in Private Arbitration
- Can Timothy Avila’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $58,000
- Highest Settlement: $40,231.35
If you have suffered investment losses by Timothy Avila, 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 Timothy Avila For Broker Misconduct
As of this publication date, Timothy Avila 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 Timothy Avila by a customer of CWM, LLC alleging that Mr. Avila placed several short term trades that were unsuitable based on client’s age, employment status, risk tolerance and investment objectives. Per the customer, he/she lost over $58,000 because of Mr. Avila’s actions. On May 6, 2021, Mr. Avila settled the claim for $40,231.35, and some or all of this amount may have been paid by Mr. Avila’s employer and/or insurance carrier.
How To File A Claim Against Timothy Avila (previously with LPL Financial LLC) To Get Your Money Back.
If you have questions about Timothy Avila, LPL Financial 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.