| Read Time: 2 minutes | LPL Financial Complaints |

You entrust your money to a broker when you become a client. As a result, it’s critical to know all there is to know about the individual who will be investing your money. This knowledge might assist in determining whether that specific broker is trustworthy or not.

If you believe that Dain Stokes has caused you any financial damage, we might be able to help you resolve your concerns or problems.


Dain Stokes Formerly With LPL Financial LLC Has 6 Customer Complaints For Alleged Broker Misconduct

Who is Dain Stokes formerly with LPL Financial LLC?

Dain Stokes (CRD #2960801) who was formerly registered with LPL Financial LLC and located in Bedford, New Hampshire is a subject of one of our many securities industry sales practice abuse investigations.  Dain Stokes was also the subject of an SEC investigation, a FINRA investigation, and a New Hampshire Department of state Bureau of Securities Regulation.  

Dain Stokes Customer Complaints

Dain Stokes has been the subject of 6 customer complaints that we know about, two of those complaints were filed in the last year to recover investment losses. Two of Dain Stokes’ 6 customer complaints were settled in favor of investors. Four of Dain Stokes’ customer complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Dain Stokes

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

  • Unsuitable recommendations to purchase variable annuities and fraud related to a promissory note investment.
  • Misappropriation of funds.
  • Unsuitable investment recommendations related to variable annuity.

Dain Stokes Red Flags & Your Rights As An Investor

Of course, Dain Stokes 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 Dain Stokes at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Dain Stokes 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.

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

If you have questions about LPL Financial LLC and/or Dain Stokes 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars