Securities Fraud and Mismanagement

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LPL

LPL Overcharging Investors

LPL overcharging has been alleged by state regulators. On June 9, 2025, a consortium of state regulators announced a settlement of charges against LPL, Edward Jones, Stifel, RBC and TD Ameritrade concerning a practice of charging unreasonable commissions. The uniform...

Jimmy Booth Investment Fraud

If you were with James “Jimmy” Booth, and question whether you are a victim of investment fraud, please call 303-300-5022.  Booth has previously been a broker for LPL, Invest Financial, and Cadaret, Grant & Co.  He did business for these firms under...

LPL Losses in Unregistered Securities

LPL Financial will pay up to $26 million to settle charges that its representatives sold unregistered securities to clients over the past 12 years.  This includes the payment not only of a certain amount for certain unregistered securities, it also includes a...

Losses at LPL Financial

LPL is the focus of regulatory actions. In April 2025, LPL’s clients suffered a trading outage during an active trading session.  For hours, customers could not access accounts during steep market drops. The lack of access on the part of LPL’s...