DID KYLE CURTIS CRYER CAUSE YOU INVESTMENT LOSSES?
Kyle Cryer Of LPL Financial LLC And Formerly With Wells Fargo Clearing Services, LLC Has A Customer Complaint For Alleged Broker Misconduct
About Kyle Cryer of LPL Financial LLC?
Kyle Cryer (CRD #6467254) has a professional history that might be cause for caution among potential clients. Currently registered with LPL Financial LLC in El Segundo, CA, and Kinecta Financial & Insurance Services in Woodland Hills, CA, Cryer has passed three general industry/product exams and two multi-state securities law exams but has no principal/supervisory exams under his belt. His registration extends across an impressive 39 U.S. states and territories, suggesting a broad operational reach. However, his experience is tainted by a customer dispute that questions the integrity of his trading practices, potentially overshadowing his professional capabilities.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Kyle Cryer Customer Complaint and Reviews
- Customer Dispute (Closed-No Action)
- Date Complaint Received: September 23, 2023
- Allegations: The client alleged unauthorized trading and rebalancing of their account involving mutual funds during May and June of 2023, seeking damages of $146,000.
- Outcome: The dispute was denied on October 30, 2023. Cryer defended the actions as being in the client’s best interest and consistent with agreed-upon strategies, asserting that the account even experienced gains during the period in question.
Allegations Against Kyle Cryer
Kyle Curtis Cryer faced serious allegations of unauthorized trading and inappropriate rebalancing of a client’s investment account. These allegations, which were later denied, highlight concerns about his adherence to client authorizations and the transparency of his investment practices. Despite the dispute being dismissed, the severity of the claimed damages and the nature of the allegations could raise red flags for potential clients regarding his conduct and the management of their investments.
Kyle Cryer Red Flags & Your Rights As An Investor
Of course, Kyle Cryer 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 Kyle Cryer at LPL Financial LLC and Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Kyle Cryer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC and Wells Fargo Clearing 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 Kyle Cryer
If you have questions about LPL Financial LLC, Wells Fargo Clearing Services, LLC and/or Kyle Cryer 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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