Investor: Cynthia Giovacchino Recommended Unsuitable REITs

Cynthia Giovacchino (CRD# 3274194), an LPL broker in Ansonia, Connecticut was recently involved in a customer complaint involving non-traded REITs.  This is according to Financial Industry Regulatory Authority (FINRA) records accessed on November 8, 2021. If you have lost money investing with Ms. Giovacchino or LPL Financial and you want to discuss your case with […]

LPL Financial Fined $6.5 Million By FINRA

FINRA fined LPL Financial $6.5 million in December 2020. The fine relates to conduct that occurred from January 2014 to September 2019. Did You Lose Money Investing With LPL Financial? Notice: JavaScript is required for this content. Print this Article

Robert Alvarez Fined by the State of Louisiana Over Dishonest Practices

Robert Alvarez (CRD #: 2242198), an investment adviser registered with International Assets Advisory, was fined by the State of Louisiana, according to his BrokerCheck record, accessed on November 10, 2021. September 21, 2020: State Alleges Robert Alvarez Engaged in “Dishonest Practices” On September 21, 2020, the State of Louisiana imposed a civil fine, following allegations […]

Investor Files Complaint over LPL rep James Frawley’s Option Trades

James Frawley (CRD #: 2867752), a broker registered with LPL Financial in Santa Monica, California, is involved in an investor dispute, according to his BrokerCheck record, accessed on November 10, 2021. Details of the dispute are provided below. On January 21, 2021, an investor alleged that Jim Frawley misrepresented options trades. Options trading is a […]

Ex-LPL Broker Kevin McCallum Suspended by FINRA

Kevin McCallum (CRD# 2222586), formerly an LPL Financial broker based in Birmingham, has been suspended by FINRA, according to Financial Industry Regulatory Authority (FINRA) records accessed on November 2, 2021. Records show that he is also the recipient of numerous resolved or pending customer disputes. The investor advocates at MDF Law are interested in hearing […]

Colorado Based LPL Rep Kim Kennedy Involved in Two Pending Arbitrations

Kimberly Kennedy (CRD# 1487140), the Denver-based LPL Financial broker, allegedly recommended unsuitable investments, according to Financial Industry Regulatory Authority (FINRA) records accessed on November 2, 2021. The complaints seek as much as $735,000 in cumulative damages. If you have complaints regarding Ms. Kennedy, call MDF Law at 212-203-9300 for a free consultation. You may be […]

LPL Financial Investor Complaint Information

Investors wishing to file complaints against LPL Financial can do so before FINRA. LPL Financial LLC is a broker-dealer firm with its primary offices located in South Carolina. It is registered with the SEC and FINRA (Financial Industry Regulatory Authority), and has licenses in 53 states and U.S. territories. Its CRD Number (Central Registration Depository […]

Mazi Monshi Embroiled in $3.9 Million Dispute with LPL Client

Mazi Monshi (CRD #: 2629721), a broker registered with IFP Securities, has a new disclosure on his BrokerCheck record, accessed on November 3, 2021. For more information regarding his previous investor disputes, keep reading. Investor Alleges REITs and BDCs were Unsuitable On September 9, 2020, clients alleged that Mazi Monshi recommended unsuitable investments in a […]

Pending Complaints Against Cetera Broker Alexander Arango

Financial Industry Regulatory Authority (FINRA) records accessed on October 19, 2021 show that Florida-based Cetera Investment Services broker/adviser Alexander Arango has received, resolved or pending customer disputes. Investors with complaints about Mr. Arango (CRD# 6405666) are encouraged to call MDF Law at 212-203-9300 to discuss their rights. Customer Files Complaint Related to Structured Notes According […]