DID James Ptacek Jr CAUSE YOU INVESTMENT LOSSES?
James Ptacek Jr was fired from LPL Financial LLC on November 13, 2024, due to allegations of failing to report and obtain prior approval for certain outside business activities.
Who is James Ptacek Jr formerly with LPL Financial LLC?
James Ptacek Jr (CRD #1959049) Located in Willoughby, OH who was formerly registered as a broker with LPL Financial LLC and located in Willoughby Hills, Ohio, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
James Ptacek Jr Employment History and Termination
James Robert Ptacek Jr has over three decades of experience in the financial services industry. His career includes roles at LPL Financial LLC (2018–2024), SII Investments, Inc. (2007–2018), and FSC Securities Corporation (1997–2007). His long-standing career reflects extensive involvement in investment advisory and securities brokerage.
He passed three general industry/product exams and two multi-state securities law exams.
Ptacek was terminated from LPL Financial LLC in November 2024 over alleged failures to report and secure approval for certain outside business activities and private securities.
Negative Disclosures Summary
Number of Incidents: 2
- Termination:
- Employer: LPL Financial LLC
- Date: November 13, 2024
- Allegations: Failure to report and receive approval for certain business activities and securities transactions.
- Customer Dispute:
- Details: In 2002, a claimant alleged that Ptacek failed to properly transfer an annuity account and advise on beneficiary options while at FSC Securities Corporation.
- Outcome: The case was settled for $125,000, though Ptacek was dismissed from the case prior to settlement.
Allegations and Accusations
- Termination in 2024 from LPL Financial LLC due to alleged non-compliance with policies regarding business activities and securities transactions.
- A customer dispute in 2002 related to annuity account management, which resulted in a settlement, though Ptacek was dismissed from the case.
James Ptacek Jr Red Flags & Your Rights As An Investor
occurred, or the customer complaint was filed, the termination of James Ptacek Jr is a red flag which should put all current and former customers of James Ptacek Jr at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether James Ptacek Jr 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 James Ptacek Jr
If you have questions about LPL Financial LLC and/or James Ptacek Jr 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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