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DID CHELSEA BROWN MAGBY CAUSE YOU INVESTMENT LOSSES?

About Chelsea Magby of LPL Financial LLC?

Chelsea Magby

Chelsea Magby (CRD #3120504) ) is currently employed and registered with LPL Financial LLC in Fort Worth, Texas, since January 2020. She has passed three general industry/product exams and two multi-state securities law exams. Magby has a diverse registration background across 7 U.S. states and territories. Her career trajectory includes previous affiliations with major financial services firms like Raymond James Financial Services and Chase Investment Services, indicating a varied and comprehensive experience in the financial industry.

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Chelsea Magby Customer Complaints and Reviews

Chelsea Magby has one reported customer dispute:

  • Customer Dispute (Resolved): Filed on March 18, 2024, a client alleged that an investment made in 2014 was unsuitable given their investment objectives and risk tolerance, specifically concerning real estate security. This dispute was withdrawn on June 6, 2024, after consideration.

Allegations Against Chelsea Magby

  • Unsuitability Claim: The complaint involved an allegation that Magby recommended an investment that was unsuitable for the client’s objectives. This investment was in a health care real estate income trust, which the client believed did not perform as expected. Although the complaint was ultimately withdrawn, it raised issues regarding the suitability of the investment recommendations based on client objectives and risk tolerance.

Chelsea Magby Red Flags & Your Rights As An Investor

Of course, Chelsea Magby 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 Chelsea Magby at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Chelsea Magby 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?

best investment fraud lawyers

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 Chelsea Magby

If you have questions about LPL Financial LLC and/or Chelsea Magby 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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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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