| Read Time: 2 minutes | LPL Financial Complaints |


Emmett Andrew Johnson formerly with LPL Financial, LLC Has 5 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years

Who is Emmett A. Johnson formerly with LPL Financial, LLC?

Emmett Johnson (CRD #2433014) who was formerly registered with LPL Financial, LLC and located in Austin, Texas is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to LPL Financial, LLC, Emmett Johnson was associated with 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.  

Emmett Johnson was terminated by LPL Financial, LLC over concerns relating to his unit investment trust and mutual fund transaction sales practices.

LPL Financial, LLC Broker Misconduct

In his career, Emmett Johnson has been the subject of 5 customer complaints that we know about, 2 of those complaints were filed in the last 2 years to recover investment losses.  Two of those customers file the arbitration claims against Emmett Johnson’s employer and himself and obtained arbitration awards in their favor.

Two of Emmett Johnson’s 5customer complaints were settled by Pension Mark Financial Group, LLC in favor of investors. One customer complaint filed against Emmett Johnson’s former employer LPL Financial, LLC for investment losses caused by his alleged misconduct was denied by the firm and luckily for the firm the customer took no further action as it probably related to the unsuitable mutual fund transactions for which he was terminated.

Allegations Against Emmett Johnson

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

  • The claimant alleged breach of fiduciary duty, negligence, misrepresentations, fraud unsuitable investment recommendations, and churning related to variable annuity and other stock transactions.
  • The claimant alleged unsuitable investment recommendations, churning, and materials for the delay in the stocks, and annuities, and mutual fund transactions.
  • The claimant alleged that Emmett Johnson gave them investment advice and made unsuitable recommendations.
  • The customer alleged that Emmett Johnson had LPL Financial, LLC made unsuitable mutual fund investment recommendations.

Emmett Johnson Red Flags & Your Rights as An Investor

Of course, Emmett Johnson 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.

These red flags should put all current and former customers of Emmett Johnson at LPL Financial, LLC on alert to review carefully the activity and performance of their accounts and question whether Emmett Johnson has engaged in any stockbroker misconduct that may have caused them investment losses. 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 Emmett Johnson 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