DID CHRISTOPHER ROBIN MOLLAN CAUSE YOU INVESTMENT LOSSES?
About Christopher Mollan of LPL Financial LLC?
Christopher Mollan (CRD #4629054) is a seasoned broker currently affiliated with LPL Financial LLC in Farmington Hills, Michigan, where he has been registered since April 27, 2007. Throughout his career, Mollan has gained extensive experience, evidenced by his registration in 20 U.S. states and territories. He has successfully completed 3 general industry/product exams (Series 7, Series 31, and SIE) and 2 multi-state securities law exams (Series 63 and Series 66). His career began with registrations at American Express Financial Advisors and IDS Life Insurance Company in Minneapolis, Minnesota, during April to June 2003, and later at UBS Financial Services in Plymouth, Michigan from July 2003 to May 2007.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Christopher Mollan Customer Complaints and Reviews
Total Disclosures:
- Customer Dispute: 1
Details of Disclosures:
- Customer Dispute (Pending)
- Date Filed: March 18, 2024
- Allegations: A customer alleges that an investment made in 2014 was unsuitable based on his investment objectives and risk tolerance. The investment in question is a healthcare real estate income trust.
- Current Status: Pending, with arbitration or civil litigation ongoing at FINRA under Docket/Case #: 24-00611.
- Broker Statement: Mollan denies any wrongdoing, stating the investment was suitable at the time of recommendation and was a small, diversified part of the client’s portfolio. He emphasizes that the client was an experienced investor who had made similar investments previously.
Allegations Against Christopher Mollan
- Customer Dispute (Pending)
- Investment Details: Healthcare real estate income trust.
- Claim Date: Filed on March 18, 2024, with the complaint received on May 2, 2024.
- Allegations: The client claims the investment was unsuitable for his financial goals, which contradicts Mollan’s advice and the client’s prior investment experience and understanding of such investments.
- Broker’s Defense: Mollan argues that the investment was appropriate and agreed upon, with full disclosure of risks, and he is prepared to defend this position against what he considers to be unfounded accusations.
Christopher Mollan Red Flags & Your Rights As An Investor
Of course, Christopher Mollan 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 Christopher Mollan at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Christopher Mollan 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 Christopher Mollan
If you have questions about LPL Financial LLC and/or Christopher Mollan 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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