Evan Lunsford Discloses Allegations Of Unsuitable Recommendations

Soreide Law Group is investigating possible investor claims against securities broker Evan A. Lunsford (CRD: 5756621, Terre Haute, Indiana). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for LPL Financial LLC. Supposedly, one or more individuals claim that Lunsford made unsuitable recommendations. Here is a brief summary of the disclosures about Lunsford.

Lunsford Discloses Unsuitable Recommendations Allegations By LPL Financial LLC Client

Specifically, a client of LPL Financial LLC contested Evan Lunsford’s sales practices by filing FINRA Arbitration: 20-03380. Allegedly, Lunsford provided unsuitable advice by not taking into account the client’s investment objectives. It appears that Lunsford caused the client to sustain damages on structured notes. Therefore, LPL Financial LLC opted to settle the matter on May 26, 2021, by compensating the client in the amount of $55,000.

LPL Financial LLC Investor Accused Evan Lunsford Of Unsuitable Advice

Also, an LPL Financial LLC client filed a complaint about Evan Lunsford. Namely, the client alleged that Lunsford made unsuitable recommendations. Because of this, the client allegedly sustained damages on structured notes. Therefore, on August 5, 2020, LPL Financial LLC settled this matter by paying the client $100,000 in damages.

Lunsford Employment Information

• Lunsford has worked for LPL Financial LLC in Terre Haute, Indiana, as a securities broker and financial advisor since October 30, 2015.
  
• Lunsford worked for Edward Jones in Terre Haute, Indiana, as a securities broker and financial advisor from March 26, 2012, to October 30, 2015.

Did LPL Financial LLC Securities Broker Evan Lunsford Cause You To Experience Damages?

Have you incurred losses from investing with Evan Lunsford? If so, contact Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a potential recovery of your losses. Soreide Law Group, who has successfully recovered money for hundreds of investors across the United States, represents clients on a contingency fee basis and advances all costs. Lunsford and brokerage firms Lunsford worked for deny any allegations of sales practice violations.