Chad Tusa Out At LPL Financial Over Alleged Failure to Report Investor Complaints

Investors potentially incurred losses because of securities broker Chad Michael Tusa [CRD: 4524325, Metairie, Louisiana], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Tusa worked for Crown Capital Securities L.P. from April 29, 2002, to May 1, 2024, and LPL Financial LLC from May 1, 2024, to May 20, 2026. Read on to find out more about Tusa’s disclosures.

LPL Financial Disaffiliated With Tusa For Complaint Reporting Issues

Specifically, on April 18, 2026, LPL Financial Corporation disaffiliated with Tusa. Notably, LPL Financial alleged that Tusa did not elevate client complaints as required and did not disclose a lien that was subject to reporting requirements.

Chad Tusa Discharged For Compliance Issues

Additionally, Legacy Investment Strategies, L.L.C. disaffiliated with Tusa on May 21, 2025. Allegedly, Tusa violated several firm agreements and internal compliance requirements, including policies, procedures, and Code of Ethics provisions, and did not disclose important information.

FINRA Client Complaints May Reveal Broker Misconduct

FINRA client complaints can reveal concerns about a broker’s recommendations, disclosures, trading activity, or handling of investor accounts. These disputes may involve unsuitable investments, misrepresentations, unauthorized transactions, excessive trading, or other sales practice violations. Investors who suffered losses should review the broker’s complaint history, consider the allegations and outcomes, and determine whether they may have a claim for financial compensation.

Are You Looking For More Information About Securities Broker / Financial Advisor Chad Tusa?

Do you have concerns or questions regarding investments you made with Chad Tusa? You should contact Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the country. Also, our securities lawyers work on a contingency fee basis and advance all costs. Tusa and brokerage firms Tusa worked for deny allegations of sales practice violations.