DID Rainer Hohlbein CAUSE YOU INVESTMENT LOSSES?
Rainer Hohlbein Formerly With LPL Financial LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Rainer Hohlbein formerly with LPL Financial LLC?
Rainer Hohlbein (CRD #1282146) ) has an extensive background in the securities industry, although he is not currently registered. He has worked with several firms throughout his career, including LPL Financial LLC, UVEST Financial Services Group, Inc., and Vision Investment Services, Inc., with his most recent registration at LPL Financial ending in October 2021. Hohlbein has passed three general industry/product exams and two multi-state securities law exams, which have equipped him with a comprehensive understanding of securities regulations and products. His career spans several decades, starting in the mid-1980s, demonstrating a long-term commitment to the financial services sector.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Rainer Hohlbein Customer Complaints and Reviews
Rainer Hohlbein’s FINRA report includes a few significant disclosure events:
- Customer Disputes (2 incidents):
- Settled Dispute: One customer dispute was settled where the client claimed that Hohlbein failed to properly inform them about the process to request a “step up” benefit for a variable annuity, leading to a settlement of $6,558.15.
- Pending Dispute: Another dispute is currently pending, where customers allege that an investment made in 2014 was unsuitable given their investment objectives and risk tolerance. The exact number of alleged damages has yet to be determined but is noted to exceed $5,000.
Allegations Against Rainer Hohlbein
- Customer Complaints:
- Settled Complaint: Involved in failure to inform a client about specific product features, resulting in financial restitution to the client.
- Pending Complaint: Concerns allegations of recommending unsuitable investments related to real estate securities, with the case currently under arbitration.
Rainer Hohlbein Red Flags & Your Rights As An Investor
Of course, Rainer Hohlbein 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 Rainer Hohlbein at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Rainer Hohlbein 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 Rainer Hohlbein
If you have questions about LPL Financial LLC and/or Rainer Hohlbein 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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