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Michael Karp Formerly With David Lerner Associates, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Michael Karp formerly with David Lerner Associates, Inc.?

Michael Karp

Michael Karp (CRD #5102878) who was formerly registered as a broker with David Lerner Associates, Inc. and located in Lawrenceville, New Jersey, is a subject of one of our many securities industry sales practice abuse investigations.

Investment Losses? Let’s talk.

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Michael Karp Customer Complaints

Michael Karp has been the subject of 3 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by David Lerner Associates in favor of the investors. The same brokerage firm denied another customer complaint and, to date, the customer has not taken any further action.

Allegations Against Michael Karp

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

  • Failure to follow customer’s instructions.
  • Misrepresentations and omissions.

Michael Karp Red Flags & Your Rights As An Investor

Of course, Michael Karp 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 Michael Karp at David Lerner Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Michael Karp has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at David Lerner Associates, Inc. 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.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

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 David Lerner Associates, Inc. Due To Michael Karp

If you have questions about David Lerner Associates, Inc. and/or Michael Karp 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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