DID SHANNON DWAIN MOORE CAUSE YOU INVESTMENT LOSSES?
Shannon Moore Of LPL Financial LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Shannon Moore LPL Financial LLC?
Shannon Moore (CRD #2934682) boasts a considerable tenure in the financial industry. Currently associated with LPL Financial LLC in Jefferson City, Tennessee since October 11, 2011, Moore has an extensive background, having previously worked with UVEST Financial Services Group, Inc. from July 2001 to October 2011 and Pruco Securities Corporation from September 1997 to July 2001. Throughout his career, Moore has passed a total of four significant industry exams: the Securities Industry Essentials Examination, General Securities Representative Examination, Investment Company Products/ sVariable Contracts Representative Examination, and the Uniform Securities Agent State Law Examination. He holds registrations across 11 U.S. states and territories, demonstrating a wide-reaching influence in the financial sector.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Shannon Moore Customer Complaints and Reviews
Shannon D. Moore has several notable disclosures in his record:
- Customer Disputes (2 incidents):
- First Incident (Closed-No Action): A dispute filed on March 18, 2024, and subsequently withdrawn on May 22, 2024, involved a claim against LPL Financial LLC regarding an unsuitable investment made in 2014 in a real estate security. The client, after a decade, chose to withdraw the claim.
- Second Incident (Pending): Another dispute, initiated on June 11, 2024, and still pending, alleges an unsuitable investment made in 2016, with claimed damages amounting to $200,000. The products in question were related to real estate securities. Moore denies any wrongdoing, asserting that the investments were appropriate for the customer’s objectives.
Allegations Against Shannon Moore
The allegations against Shannon D. Moore involve unsuitable investment recommendations that did not align with the clients’ objectives and risk tolerances:
- First Incident: The investment made in 2014, later withdrawn by the client, was claimed to be unsuitable given the customer’s goals, with no specific damages reported, but suspected to be over $5,000.
- Second Incident: The 2016 investment led to allegations involving substantial damages of $200,000, with the case still pending. Moore has contested these claims, maintaining that the investment decisions were made with the customer’s best interests in mind.
Shannon Moore Red Flags & Your Rights As An Investor
Of course, Shannon Moore did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Shannon Moore at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Shannon Moore has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At LPL Financial LLC Due To Shannon Moore
If you have questions about LPL Financial LLC and/or Shannon Moore and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Rate this Post
Loading...