Investors potentially experienced sales practice violations due to securities broker Enrique Lopez (also known as Rick Lopez) [CRD: 2209385, Mission, Texas], based on publicly available information Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Lopez worked for LPL Financial LLC in McAllen, Texas, from March 13, 2008, to August 8, 2018, and has been registered with Arkadios Capital in Atlanta, Georgia, since September 21, 2018, and with Arkadios Wealth Advisors in Mission, Texas, since December 7, 2018. Keep reading to learn more about the disclosures involving Lopez.
Particularly, on August 19, 2025, an LPL Financial LLC client filed FINRA Arbitration No. 25-01729 about Enrique Lopez. Primarily, the client alleged that Lopez made unsuitable recommendations given the client’s risk tolerance and investment profile. Because of this, the client allegedly sustained damages connected to real estate investment trusts. Therefore, the client requested damages exceeding $5,000, though the exact amount cannot be determined at this time, in compensation from LPL Financial LLC or Lopez. This arbitration is pending a resolution.
Also, a client of LPL Financial LLC disputed Enrique Lopez’s sales practices by filing FINRA Arbitration No. 24-00611. Allegedly, Lopez gave unsuitable advice connected to real estate securities. Consequently, LPL Financial LLC opted to settle the matter on May 6, 2025, by compensating the client in the amount of $10,000.
Additionally, a client of LPL Financial LLC contested Enrique Lopez’s sales practices by bringing FINRA Arbitration No. 20-00029. Allegedly, Lopez made unsuitable recommendations and failed to make disclosures regarding real estate securities. As a result, FINRA Arbitrators issued an Award dated March 5, 2021 compelling LPL Financial LLC to compensate the client in the amount of $75,000.
Specifically, a client of LPL Financial LLC disputed Enrique Lopez’s sales practices by filing FINRA Arbitration No. 17-00904. Allegedly, Lopez violated FINRA rules, gave unsuitable advice, violated Texas securities laws, and breached a contract. Supposedly, Lopez caused the client to sustain damages connected to non-traded REITs. Therefore, FINRA Arbitrators issued an Award dated November 13, 2019 compelling LPL Financial LLC to compensate the client in the amount of $864,839.70 in compensatory damages and $350,000.00 in additional damages.
Are you concerned regarding investments you made with Enrique Lopez? You can get in touch with Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Lopez and brokerage firms Lopez worked for deny 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