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Francis Draa Formerly With LPL Financial And Sanders Morris Harris Has A Customer Complaint For Alleged Broker Misconduct

Who is Francis Draa formerly with LPL Financial?

Francis Draa (CRD #6112925) who was formerly registered with LPL Financial and located in Houston, Texas is a subject of one of our many securities industry sales practice abuse investigations. Prior to LPL Financial, Francis Draa was associated with Sanders Morris Harris and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Francis Draa Customer Complaint

Francis Draa has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were Francis Draa was involved in the unauthorized submission of transfer documents for a fixed annuity that included a signature that was allegedly copied from another document. Francis Draa’s customer complaint was denied and, to date, the customer has not taken any further action.

Francis Draa Red Flags & Your Rights As An Investor

Of course, Francis Draa 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 Francis Draa at LPL Financial and Sanders Morris Harris on alert to review carefully the activity and performance of their accounts and question whether Francis Draa has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial and Sanders Morris Harris 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 Due To Francis Draa

If you have questions about LPL Financial, Sanders Morris Harris, and/or Francis Draa 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 $160 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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