DID VICTOR FREDRICK NEWMAN II CAUSE YOU INVESTMENT LOSSES?
About Victor Newman II of LPL Financial LLC?
Victor Newman (CRD #4048712) is currently registered with LPL Financial LLC in Columbus, Ohio, since September 2020. He has a robust registration across 10 U.S. states and territories, demonstrating significant geographic reach in his professional activities. Newman has passed two general industry/product exams and one multi-state securities law exam, showcasing his competency in financial services. Previously, he was associated with Avantax Investment Services, Inc., from March 2000 until September 2020, indicating a stable and lengthy tenure in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Victor Newman II Customer Complaints and Reviews
Victor Newman has experienced one negative disclosure:
- Customer Dispute (Pending): A dispute initiated on March 19, 2024, alleges that Newman recommended unsuitable direct investments in DPP & LP interests. The complainant claims damages amounting to $50,000. This case is currently pending arbitration under FINRA (Docket/Case #: 24-00614), with proceedings focused on the sales practices involved.
Allegations Against Victor Newman II
Unsuitable Investment Recommendations: The primary allegation against Newman concerns his recommendation of certain direct investments (DPP & LP interests) deemed unsuitable for the client’s financial situation. The ongoing arbitration seeks to address these claims, which suggest potential negligence or misjudgment in investment advice provided by Newman.
Victor Newman II Red Flags & Your Rights As An Investor
Of course, Victor Newman II 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 Victor Newman II at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Victor Newman II 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 Victor Newman II
If you have questions about LPL Financial LLC and/or Victor Newman II 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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