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Wayne David Wagner Jr with Securities America, Inc. Has 2 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years

Who is Wayne D. Wagner Jr with Securities America, Inc.?

Wayne Wagner (CRD #2736605) who is currently registered with Securities America, Inc. and located in Wilmington, Delaware is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to Securities America, Inc., Wayne Wagner was associated with LPL Financial, LLC and another investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.

LPL Financial, LLC Broker Misconduct

In his career, Wayne Wagner has been the subject of 2 customer complaints that we know about, both of those complaints were filed against his former employer LPL Financial, LLC in the last 2 years to recover investment losses.  

One of Wayne Wagner’s customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against Wayne Wagner’s former employer LPL Financial, LLC for investment losses caused by his alleged misconduct.

Allegations Against Wayne Wagner

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

  • Claimants allege that Wayne Ladner misled them and made unsuitable investment recommendations to invest in Colony NorthStar and Resource REIT, Franklin Square, a business development company, and CION Investment Corporation.
  • The customer alleges that Wayne Wegner engaged in unauthorized trading, breached his fiduciary duty, misrepresented facts, and violated FINRA conduct rules in connection with alternative investments offered and sold to him.

Wayne Wagner Red Flags & Your Rights as An Investor

Of course, Wayne Wagner 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 Wayne Wagner at Securities America, Inc. and LPL Financial, LLC alert to review carefully the activity and performance of their accounts and question whether Wayne Wagner has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at LPL Financial, LLC about Wayne Wegner also raises questions about its 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 Securities America, Inc.  And LPL Financial, LLC

If you have questions about Securities America, Inc., LPL Financial, LLC and/or Wayne Wagner 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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