Investors File Disputes About Gregg Ferguson

Soreide Law Group is investigating possible investor claims against securities broker Gregg Ferguson (also known as Howell Gregory Ferguson) [CRD: 4400990, Bellville, TX]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck disclosed that investors complained about the securities broker, who worked for LPL Financial LLC. Notably, investors allege sales practice violations in these disputes, including that Ferguson made unsuitable investment recommendations. Here is a brief summary of the disclosures about Ferguson.

Investor Alleges Unsuitable Recommendations By Ferguson

Evidently, an LPL Financial LLC client filed FINRA Arbitration: 21-02805 about Gregg Ferguson. Namely, the client alleged that Ferguson made unsuitable investment recommendations. Because of this, the client allegedly sustained damages on closed end funds. Therefore, on January 17, 2023, LPL Financial LLC settled this matter by paying the client $30,000 in damages. However, the firm and securities broker admit no liability in this settlement.

FINRA Sanctions Gregg Ferguson For Forgery

Also, on February 8, 2022, FINRA issued Case: 2020065572901 sanctioning Gregg Ferguson for infractions. Specifically, Ferguson was issued a 2-year suspension as a securities broker, meaning FINRA disallowed him from maintaining an association with FINRA-member firms. Also, the financial regulator issued him a fine in the amount of $10,000. Notably, FINRA contends that Gregg Ferguson committed forgery.

Ferguson Employment Information

Ferguson worked for LPL Financial LLC in Bellville, TX, as a securities broker from March of 2010 to February of 2020.

Damages Resulting From LPL Financial LLC Securities Broker Gregg Ferguson?

Have you experienced damages because of securities broker Gregg Ferguson? Reach out to Soreide Law Group at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered funds for many investors in the United States, represents clients on a contingency fee basis and advances all costs. The firm will take the time to fully understand your situation and will carefully explain your legal options. Gregg Ferguson and brokerage firms Ferguson worked for deny any and all allegations of sales practice violations.