DID EILEEN LAW CURE CAUSE YOU INVESTMENT LOSSES?
Eileen Cure Formerly With LPL Financial LLC Has 5 Customer Complaints For Alleged Broker Misconduct
About Eileen Cure formerly with LPL Financial LLC?
Eileen Cure (CRD #2224269) is a former registered broker who has passed two general industry/product exams and two multi-state securities law exams. Her career includes prior registrations with firms like LPL Financial LLC, HD Vest Investment Services, and Merrill Lynch. As of now, she is not registered as a broker but continues to serve as an investment adviser representative at Wealth Management of Kentucky, Inc. Additionally, she holds the Personal Financial Specialist designation.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Eileen Cure Customer Complaints and Reviews
Eileen Law Cure has five reported customer disputes, including two that were settled and three that are pending:
- Settled Disputes:
- October 20, 2022: Claimant alleged unsuitable investments in illiquid assets, resulting in a settlement of $46,500 on October 24, 2023. The case was settled by Avantax to avoid further litigation costs.
- May 16, 2022: Claimant asserted that an investment recommendation was unsuitable, leading to a $15,833 settlement finalized on November 11, 2022.
- Pending Disputes:
- August 20, 2024: Claimant alleges a 2015 investment was unsuitable, seeking $25,000 in damages.
- May 13, 2024: Claimant asserts unsuitable investments and misrepresentation of investment value, seeking between $100,000 and $500,000.
- April 16, 2024: Customers allege the recommendation of unsuitable investments, with a claim amounting to $300,000. This case is also pending in arbitration.
Allegations Against Eileen Cure
- Pending Allegations:
- Unsuitability Claims: Multiple customers have accused Ms. Cure of recommending investments that were allegedly not suited to their financial objectives. These include claims against Avantax Investment Services and LPL Financial for real estate security products and Direct Participation Programs (DPPs) and Limited Partnerships (LPs).
- Misrepresentation: In one of the pending cases, the customer claims that the value and status of investments were misrepresented, impacting the investment’s performance.
- Settled Allegations:
- Overconcentration: One of the settled disputes involved claims of overconcentrating client assets in unsuitable, illiquid investments, resulting in a settlement without admission of fault.
Eileen Cure Red Flags & Your Rights As An Investor
Of course, Eileen Cure 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 Eileen Cure at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Eileen Cure 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 Eileen Cure
If you have questions about LPL Financial LLC and/or Eileen Cure 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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