DID BERNELL D BAKER CAUSE YOU INVESTMENT LOSSES?
Bernell Baker Of LPL Financial LLC Has 4 Customer Complaints For Alleged Broker Misconduct
About Bernell Baker of LPL Financial LLC?
Bernell Baker (CRD #5493956) is currently employed with LPL Financial LLC, where he has been registered since 2012. He holds licenses in 49 U.S. states/territories and is registered with one self-regulatory organization. His professional qualifications include passing three general industry/product exams (Series 6, Series 7, and the Securities Industry Essentials) and two multi-state securities law exams (Series 63 and Series 66). His past registrations include J.P. Morgan Securities LLC and Chase Investment Services Corp.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Bernell Baker Customer Complaints and Reviews
Total Incidents: 4 customer disputes (1 settled, 1 withdrawn, 1 pending, 1 settled with a previous employer)
- Settled Dispute (LPL Financial LLC):
- Date: Complaint received on April 20, 2016
- Allegations: Misrepresentation, suitability, and poor recommendations related to a variable annuity.
- Settlement: $9,000
- Settled Dispute (Chase Investment Services Corp.):
- Date: Complaint received on May 10, 2013
- Allegations: Misrepresentation regarding a mutual fund investment.
- Settlement: $17,799
- Withdrawn Dispute (LPL Financial LLC):
- Date: Complaint received on March 24, 2021
- Allegations: An investment made in 2014 became unsuitable.
- Alleged Damages: $48,000
- Status: Withdrawn after arbitration was filed with FINRA.
- Pending Dispute (LPL Financial LLC):
- Date: Complaint received on March 19, 2024
- Allegations: An investment in 2014 was unsuitable for the customer’s investment objectives and risk tolerance.
- Forum: FINRA Arbitration, Docket/Case #: 24-00611
- Status: Pending
Allegations Against Bernell Baker
- Settled Dispute (LPL Financial LLC): Misrepresentation, suitability, and poor recommendations related to a variable annuity.
- Settled Dispute (Chase Investment Services Corp.): Misrepresentation regarding mutual fund investments.
- Withdrawn Dispute (LPL Financial LLC): Allegations that a 2014 investment became unsuitable over time.
- Pending Dispute (LPL Financial LLC): Allegations that a 2014 real estate investment was unsuitable for the client’s investment objectives.
Bernell Baker Red Flags & Your Rights As An Investor
Of course, Bernell Baker 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 Bernell Baker at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Bernell Baker 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 Bernell Baker
If you have questions about LPL Financial LLC and/or Bernell Baker 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...