January 11, 2025

Evan Adelglass: LPL Financial Client Files Suitability Claim

Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Evan Jay Adelglass (also known as Evan Jan Adelglass) [CRD#: 2392225, Ansonia, Connecticut].

Evan Adelglass has worked for LPL Financial LLC since August 31, 2005.

Recent disclosures reveal concerns about Adelglass’s conduct, including allegations of unsuitable investment recommendations and client disputes.

October 7, 2024 – LPL Financial Clients File Arbitration Claim Alleging Unsuitable Recommendations

On October 7, 2024, clients of LPL Financial initiated FINRA Arbitration No. 24-02134, alleging that investments recommended by Evan Adelglass between 2021 and 2024 were unsuitable for their investment objectives and risk tolerance. The investments in question involved equity-listed securities, including common and preferred stocks. The clients are seeking damages of $330,000. This matter is currently pending resolution. Adelglass denies the allegations, stating that the investments were suitable and aligned with the clients’ financial goals and that all transactions were made after thorough discussions and client approval.

October 4, 2024 – Evan Adelglass's LPL Financial Client Files Arbitration Claim Alleging Unsuitable Advice

A separate arbitration claim was filed on October 4, 2024, under FINRA Arbitration No. 24-02133. This claim alleges that Adelglass made unsuitable recommendations for equity-listed securities from 2020 to 2024, resulting in alleged damages of $600,000. This matter is also pending resolution. Adelglass maintains that the allegations are without merit and asserts that all recommendations were suitable, compliant with industry standards, and supported by appropriate documentation.

March 21, 2002 – First Union Securities Client Complaint Denied for Allegations of Unsuitable and Unauthorized Transactions

A Florida resident filed a written complaint on March 21, 2002, against First Union Securities. The complaint alleged that speculative investments were made without authorization and were unsuitable for the client’s financial status. The client sought damages of $283,677, citing value losses and interest. On May 17, 2002, the claim was denied.

Contact Soreide Law About Evan Adelglass Today

If so, reach out to Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. Soreide Law Group helps investors nationwide recover losses from sales practice misconduct, though outcomes may vary. Adelglass and the firms he has worked for deny accusations of sales practice violations.

S H A R E   T H I S   P O S T

Recent Posts

February 18, 2025
CONCORDE INVESTMENTS SERVICES and Bart Harrison

Soreide Law Group, based in South Florida, has filed a FINRA arbitration on behalf of their client (Claimant) against: CONCORDE INVESTMENTS SERVICES, LLC. (Respondent) The Claimant resides in Southwest Florida and maintained a relationship with CONCORDE INVESTMENTS SERVICES and its Financial Advisor, Bart Harrison. The lawsuit alleges that CONCORDE INVESTMENTS SERVICES and Bart Harrison understood […]

February 18, 2025
John Christoforidis Barred by FINRA Following Investigation

Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker John Christoforidis (CRD: 2841315, Garden City, New York). Christoforidis previously worked for multiple brokerage firms, including Spartan Capital Securities LLC from 2016 to 2024. Recent regulatory actions disclose that FINRA has barred Christoforidis from the securities industry following his refusal to provide on-the-record testimony […]

February 18, 2025
Joel Freedman Faces Allegations of Unauthorized Trading

Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Joel Randy Freedman (CRD#: 1260557, Radnor, Pennsylvania). Freedman has been employed in the securities industry for 40 years and has worked with several firms, including Morgan Stanley (2009-2024). As of April 2024, he is registered with Sanctuary Securities Inc. and Sanctuary Advisors LLC in […]

Contact us Nationwide USA
2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062
Helping clients recover money across the USA
search
Copyright © 2022 Soreide Law Group, PLLC  |  All Rights Reserved