Tag Archives: lpl financial

Enrique Lopez-Former LPL Financial Advisor-Subject of $2 Million Customer Suit-McAllen, Texas

January 2020-McAllen, Texas

The FINRA records of  Enrique Lopez,  a  broker who is currently employed by  Arkadios Capital  disclose a pending customer dispute and two prior customer disputes.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In the currently pending FINRA case 19-1608 a customer of Lopez’s prior employer, LPL Financial is seeking damages of $2 million and alleges that between 2014 and 2016 Lopez misrepresented and recommended unsuitable concentrated investments in real estate investment trusts (REITs). In additon the customer allege that Lopez recommended an unsuitable annuity switch.

In a prior case, FINRA 17-904,  a customer of LPL Finanical was paid $1.5 million to resolve allegations that Lopez violated the Texas State Securities Act and made unsuitable recommendations.

Enrique Lopez worked for LPL Financial from 3/2008-8/2018, at which time he moved his practice to Arkadios. Lopez discloses business affiliations with Cristobal Eden Partners and Texas Regional Bank in McAllen, Texas.

If you have losses in an account  handled by Enrique Lopez , contact us for a no charge consultation to discuss your legal options for recovery.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney, at no cost to you.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Yvonne L. Silguero-LPL Financial Broker-Subject of $500K Customer Suit-McAllen, TX

January 2020-McAllen & Brownsville,  TX 

According to publicly available records Yvonne L. Silguero (CRD#4895654) ,  a  stockbroker  who works for LPL FInancial discloses 2 pending customer disputes.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In 8/2019 a customer of LPL Financial filed FINRA case 19-2204 alleging negligence, misrepresentation, breach of fiduciary duty and failure to supervise for the period of time 7/2014-10/2018. The customer is seeking damages of $500,000.

In pending FINRA Case 17-0904 a customer of LPL Financial alleges that Silguero and LPL sold him unsuitable products for which he was not eligible and is seeking unspecified damages.

Silguero has been employed by LPL FInancial since 3/2008 and reports a business affiliation with LSNB Investment Services, Inc.

If you had an account with Yvonne Silguero that suffered losses, you may be entitled to collect damages from her prior employer. Call to discuss your options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Justin Mitchell- Capital Financial Services Broker-Discloses Investigation & Termination-Baton Rouge, LA

February 2019 – Baton Rouge, LA

According to publicly available records  Justin Brian Mitchell (CRD# 5177794) ,  a   stockbroker currently employed by Capital Financial Services who was previously employed by LPL Financial, disclose a a pending FINRA investigation and  a termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In October of 2017, an FINRA began an investigation into Mitchell regarding outside business activity.   This investigation is still pending.

Mitchell began working  for LPL Financial  in 2009 and was discharged in June of 2017.  LPL makes the following allegation on Mitchell’s FINRA record: “Violation of Firm policy regarding outside business activities.”  .

Mitchell has been employed by Capital FInancial Services since 7/2017, and he discloses a business affiliation with Olinde Financial Group and Massad Olinde Benefits Consulting.

If you have losses in an account handled by Justin Brian Mitchell, contact us for a no charge consultation to learn how you may be entitled to recover damages through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Bradley Pace- Former LPL Financial Broker- Discloses Regulatory Event and Customer Dispute-Orlando, FL

February 2019- Orlando, FL

According to publicly available records Bradley T. Pace  (CRD#2097427) ,  a  stockbroker previously  registered with LPL Financial disclose a regulatory event and 2 prior customer disputes.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In 9/ 2018,   Pace was suspended   by FINRA to resolve allegations that he failed to respond for request for information in connection with a FINRA investigation. The suspension ended 9/6/2018.

In April 2007, a customer of Pace’s form employer,  A.J. Pace & Co., Inc., alleged that certain investment recommendations were  unsuitable.   That case settled for $50,000.

Pace was employed with LPL Financial from 12/2011  to 10/2016.   He previously was employed with A.J. Pace & Co., Inc. from 2001 until August of 2011. He is not currently registered with any broker dealer.

If you have questions about an investment account handled by Bradley Pace, contact us for a no charge consultation to learn about your legal options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Brandon Long-Former BCG Securities Broker-Discloses Customer Suits & Regulatory Actions-Roswell, GA

February  2019 – Roswell, GA

According to public records of Brandon P. Long (CRD#5975459)  a  stockbroker previously employed by BCG Securities,  Inc., discloses a regulatory event, a civil event, 3 customer dispute settlements and a termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In October of 2017, Long was permanently barred from the securities industry to resolve regulatory allegations that he made misrepresentations and induced federal employees to rollover their federal retirement accounts into annuities which resulted in losses for the customers. According to the allegations commissions of $1.7 million were earned on the sale of some $40 million in annuities. 

Long was employed by BCG Securities from 12/2014-4/2017. Prior to that he was with LPL Financial until 12/2014 when he was discharged for concerns regarding communications with a customer. Long also discloses a business affiliation with Keystone Wealth Management and Keystone Capital Partners & Federal Employee Retirement Counselors in Alpharetta, GA. 

If you have questions about an account handled by  Brandon P. Long, contact us for a no charge consultation to learn how you may be able to recover damages from his employer through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870