Soreide Law Group is investigating possible investor claims against Arthur Obermeier (also known as Arthur Obermeier and Art Obermeier) (CRD: 350245, Boulder, Colorado). Notably, FINRA sanctioned the securities broker, who worked for LPL Financial LLC. Allegedly, Obermeier engaged in unauthorized trading. Here is a brief summary of FINRA’s allegations against Obermeier. Although, keep in mind that Obermeier denies the allegations against him.
Evidently, on January 11, 2021, FINRA issued Case: 2019062711601 sanctioning Arthur Obermeier for infractions. Specifically, Obermeier received a suspension of 60 days in all capacities (including securities broker) and a fine of $5,000. Namely, FINRA alleged that Obermeier engaged in unauthorized trading. Supposedly, he executed trades with an approximate $798,000 principal value without getting client authorization when he worked for LPL Financial.
Obermeier worked for LPL Financial LLC., in Boulder, CO as a securities broker from June 2002 to May 2019. Evidently, on April 26, 2019, LPL Financial LLC disaffiliated with Obermeier. Particularly, LPL Financial LLC alleged that Obermeier engaged in discretionary trading.
Have you experienced damages by investing with Arthur Obermeier? If so, feel free to call Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about potentially recovering your investment losses. Soreide Law Group, who has successfully recovered funds for many investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Obermeier and brokerage firms Obermeier worked for deny any and all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com