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Adam Ross Lunceford of LPL Financial LLC Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Adam R. Lunceford of LPL Financial LLC?

Adam Lunceford (CRD #4686499) who is currently registered with LPL Financial LLC and located in Scottsdale, Arizona is a subject of one of our many securities industry sales practice abuse investigations. Prior to LPL Financial LLC, Adam Lunceford was associated with Householder Group Financial Advisors and 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Adam Lunceford Broker Misconduct

In his career, Adam Lunceford has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last two years to recover investment losses. One of Adam Lunceford’s 2 customer complaints was settled in favor of investors. One of the customers’ complaints was denied and the customers did not take any further action.

Allegations Against Adam Lunceford

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • It is alleged that Mr. Lunceford disregarded the Claimant’s objectives by recommending that he invest more than half his portfolio at SSN in illiquid non-traded REITs.
  • Customers allege that investment objective for their accounts  was changed without their approval which resulted in unsuitable trades.

Adam Lunceford Red Flags & Your Rights As An Investor

Of course, Adam Lunceford 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 Adam Lunceford at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Adam Lunceford has engaged in any stockbroker misconduct that may have caused them investment losses. There have been a large number of customer complaints at LPL Financial LLC which also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At LPL Financial LLC

If you have questions about LPL Financial LLC and/or Adam Lunceford 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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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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