DID ROSS RAMON FABREGAS CAUSE YOU INVESTMENT LOSSES?
Ross Fabregas Formerly With LPL Financial LLC was terminated on May 20, 2024, for soliciting a loan from a customer without notifying or receiving approval from the firm
Who is Luis Arevalo formerly with J.P. Morgan Securities LLC?
Ross Fabregas (CRD #4370315) who was formerly registered as a broker with LPL Financial LLC and located in Albany, New York, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Ross Fabregas Employment History
Ross Ramon Fabregas is a broker with a history in the securities industry, although he is not currently registered with any firm. Over the course of his career, he has worked with three different firms: AXA Advisors, LLC (June 2003 – November 2013), Cambridge Investment Research, Inc. (November 2013 – November 2020), and LPL Financial LLC (November 2020 – June 2024). During his tenure, Fabregas passed two general industry/product exams and one multi-state securities law exam, including the General Securities Representative Examination (Series 7) and the Uniform Combined State Law Examination (Series 66). He does not hold any principal or supervisory exam qualifications.
Allegations Against Ross Fabregas
Ross Ramon Fabregas events reported include one customer dispute and one employment termination. These disclosures are outlined below:
- Customer Dispute (Settled):
- Date: February 14, 2024
- Allegation: A customer alleged that Fabregas solicited a $15,000 personal loan, which he failed to repay.
- Outcome: The dispute was settled on April 29, 2024, with Fabregas contributing $15,000 towards the settlement.
- Employment Termination:
- Date: May 20, 2024
- Firm: LPL Financial LLC
- Reason for Termination: Fabregas was discharged for soliciting a loan from a customer without notifying or receiving approval from the firm, which was a violation of firm policy.
Ross Fabregas Red Flags & Your Rights As An Investor
Of course, Ross Fabregas 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 coupled with the recent termination are red flags which should put all current and former customers of Ross Fabregas at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Ross Fabregas 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 Ross Fabregas
If you have questions about LPL Financial LLC and/or Ross Fabregas 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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