DID WENDY WAN TURK CAUSE YOU INVESTMENT LOSSES?
About Wendy Turk of LPL Financial LLC?
Wendy Turk (CRD #5880914) is a financial professional who was previously employed as a registered broker with LPL Financial LLC (2012–2021) and SagePoint Financial, Inc. (2011–2012), both located in Santa Monica, California. Wendy’s employment history includes roles as an Investment Adviser Representative at Gerber Kawasaki, Inc. (2011–2023) and her current position with The WealthGarden F.S. LLC since August 2023. She also engages in insurance sales and serves on the board of Airport Marina Counseling Services. Ms. Turk has passed five general industry/product exams and two multi-state securities law exams, but no principal or supervisory qualifications are noted. Currently, She is not currently registered as a broker and does not have professional design, focusing on investment advisory and financial planning.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Wendy Turk Customer Complaints and Reviews
Wendy Wan Turk has one customer dispute in her record. Details are provided below:
- Customer Dispute
- Date Filed: October 6, 2024):
- Complaint: A phishing attack compromised Wendy’s email, allowing a fraudster to impersonate her and misdirect client funds to the fraudster’s account.
- Alleged Damages: $18,841.17 in direct losses, with additional claims of $48,000 in lost profits, $20,000 for emotional distress, $3,100 in attorney’s fees, and $1,000 in lost interest.
- Status: The dispute is pending, with the adviser’s counsel seeking a negotiated settlement.
- Broker’s Statement: Wendy’s counsel is working on resolving the matter based on actual damages incurred.
Allegations Against Wendy Turk
The customer dispute involving Wendy Wan Turk centers around a cybersecurity breach resulting in financial losses for a client. Key points include:
- Nature of Allegation: A phishing attack compromised Wendy’s email, leading to fraudulent redirection of client funds. While Wendy did not directly perpetrate the fraud, the security lapse occurred under her oversight.
- Client Claims: The client alleges direct losses of $18,841.17, alongside claims for emotional and financial impacts totaling an additional $72,100.
- Advisor’s Position: Wendy’s counsel is pursuing a resolution focused on compensating for actual damages rather than speculative claims.
Wendy Turk Red Flags & Your Rights As An Investor
Of course, Wendy Turk 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 Wendy Turk at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Wendy Turk 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 Wendy Turk
If you have questions about LPL Financial LLC and/or Wendy Turk 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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