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John Milo Of LPL Financial LLC And Formerly With Waddell & Reed Has 6 Customer Complaints For Alleged Broker Misconduct

Who is John Milo of LPL Financial LLC?

John Milo

John Milo (CRD #1824688) who is currently registered with LPL Financial LLC and located in Dayton, Ohio, is a subject of one of our many securities industry sales practice abuse investigations. Prior to LPL Financial LLC, John Milo was associated with Waddell & Reed and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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John Milo Customer Complaints

John Milo has been the subject of 6 customer complaints that we know about to recover investment losses. One customer complaint was settled in favor of the investor. The other 5 customer complaints were denied by John Milo’s former employers in the customers took no further action.

Allegations Against John Milo

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

  • Misrepresentation of Integrity Fixed Annuity contract by 3 customers in separate actions.
  • Unsuitable recommendation to switch variable annuity contracts.
  • Excessive fees charged in connection with insurance policy.

John Milo Red Flags & Your Rights As An Investor

Of course, John Milo 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 John Milo at LPL Financial LLC and Waddell & Reed on alert to review carefully the activity and performance of their accounts and question whether John Milo has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC and Waddell & Reed 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?

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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 John Milo

If you have questions about LPL Financial LLC, Waddell & Reed and/or John Milo 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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