DID TIMOTHY JOHN CLEVELAND CAUSE YOU INVESTMENT LOSSES?
About Timothy Cleveland of LPL Financial LLC?
Timothy Cleveland (CRD #5391137) is currently employed by and registered with LPL Financial LLC since August 12, 2019. He has previously worked with Wells Fargo Advisors Financial Network, LLC from April 2015 to August 2019 and Edward Jones from October 2007 to April 2015. Throughout his career, Cleveland has been registered with one self-regulatory organization and holds licenses in 20 U.S. states and territories. He has passed one principal/supervisory exam, two general industry/product exams, and one multi-state securities law exam. His qualifications include the General Securities Principal Examination, the Securities Industry Essentials Examination, the General Securities Representative Examination, and the Uniform Combined State Law Examination.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Timothy Cleveland Customer Complaints and Reviews
- Customer Dispute August 23, 2024:
- Complaint: The customer alleged that Mr. Cleveland took two unauthorized withdrawals totaling $25,000 from her account through margin and transferred the funds to an office payroll account. The customer was a financial advisor and partner of Mr. Cleveland at the time and claimed she had previously approved other loans to the payroll account but not the specific transactions in question.
- Status: The dispute is currently pending, with no settlement amount reported.
Allegations Against Timothy Cleveland
- Timothy Cleveland is accused of unauthorized withdrawals from a customer’s account without the customer’s approval.
- Outcome: The dispute is still under investigation, with no resolution reached at this time.
Timothy Cleveland Red Flags & Your Rights As An Investor
Of course, Timothy Cleveland 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 Timothy Cleveland at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Timothy Cleveland 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 firm’s 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 Timothy Cleveland
If you have questions about LPL Financial LLC and/or Timothy Cleveland 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.
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