DID BARRY LUTHER BUCHHOLZ CAUSE YOU INVESTMENT LOSSES?
Barry Buchholz Of LPL Financial LLC And Formerly With Private Client Services, LLC Has 7 Customer Complaints For Alleged Broker Misconduct
Who is Barry Buchholz of LPL Financial LLC?
Barry Buchholz (CRD #1583582) who is currently registered as a broker with LPL Financial LLC and located in Cedar Rapids, Iowa, is a subject of one of our many securities industry sales practice abuse investigations. Prior to LPL Financial LLC, Barry Buchholz was associated with Private Client Services, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Barry Buchholz Customer Complaints
Barry Buchholz has been the subject of 7 customer complaints that we know about seeking to recover investment losses. Two of the customer complaints were settled by The O.N. Equity Sales Co. in favor of the investors. Three of the customer complaints were denied by Barry Buchholz’s former employers and the investors took no further action. There are currently 2 customer complaints that were recently filed against LPL Financial LLC for Barry Buckholtz’s alleged misconduct that are still pending resolution.
Allegations Against Barry Buchholz
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Two customer’s alleged unauthorized trading.
- Improper recommendation of replacement variable life insurance policy.
- Unsuitable recommendation of insurance policy.
- Unsuitable recommendations related to variable annuity contracts funded by refinancing of clients mortgage.
- Failure to disclose annuity surrender charge misrepresentations related to liquidity features of the variable annuity contract.
- Advisor recommendation client exchange to variable annuity contracts was improper.
- Misleading statements related to surrender of 3 existing life insurance policies for a supposedly paid up life insurance policy which was untrue
Barry Buchholz Red Flags & Your Rights As An Investor
Of course, Barry Buchholz 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 Barry Buchholz at LPL Financial LLC and Private Client Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Barry Buchholz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC and Private Client Services, 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 Barry Buchholz
If you have questions about LPL Financial LLC, Private Client Services, LLC and/or Barry Buchholz 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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