Investors might have sustained losses due to securities broker David Jon Nastri [CRD: 5178144, Cheshire, Connecticut], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Nastri has worked for LPL Financial LLC as a registered broker since October 11, 2011, and he has been registered with LPL Financial LLC as a financial advisor since July 2, 2012. See the following information to find out more about Nastri’s disclosure history.
Evidently, an LPL Financial LLC client filed FINRA Arbitration No. 24-00006 about David Nastri. Primarily, the client alleged that Nastri engaged in unsuitable trading by placing the client into an investment that was allegedly inconsistent with the client’s risk tolerance and investment objectives. For this reason, the client allegedly incurred damages associated with real estate securities. Consequently, on May 6, 2025 LPL Financial LLC settled this matter by paying the client $28,500 in damages.
Particularly, a client of LPL Financial LLC contested David Nastri’s sales practices, according to a complaint dated September 21, 2020. Allegedly, Nastri made unsuitable recommendations and made omissions. It appears that Nastri allegedly caused the client to sustain damages linked to structured products. As a result, the client sought compensation from LPL Financial LLC or Nastri in this matter. However, the firm denied this complaint.
Are you concerned about investments you made through David Nastri? Contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, our securities lawyers represent investors on a contingency fee arrangement and advance all costs. Nastri and brokerage firms Nastri worked for deny accusations of sales practice violations.
Artificial intelligence stocks have attracted tremendous investor interest, but many emerging AI companies also carry significant risk. If your financial advisor recommended shares of Blaize Holdings, Inc. (NASDAQ: BZAI) without fully explaining those risks, you may have options to recover your investment losses through FINRA arbitration. Blaize Holdings develops edge AI computing technology for commercial […]
Federal regulators have settled fraud charges against Phoenix American Hospitality, a Dallas-based manager of hotel investment funds, and its president, William Lee "Perch" Nelson. According to the Securities and Exchange Commission (SEC), the company raised approximately $86 million from more than 2,000 retail investors. They allegedly made false statements about the funds' hotel holdings and […]
JOHN LAWRENCE ALEX (JOHN L ALEX) has been registered both as a broker and financial advisor with MORGAN STANLEY of Morristown, New Jersey, since11/15/2011. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOHN L ALEX has 36 years of experience in the securities industry and has been registered with 4 firms. Alex […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com