Investors potentially experienced sales practice violations by securities broker Gregory Wayne Berg [CRD: 3081088, Houston, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Gregory Berg worked for LPL Financial LLC from August 23, 2023, to January 5, 2026, and previously worked for Merrill Lynch from July 27, 2005, to August 25, 2023. Read on to find out more about the disclosures involving this securities broker.
Berg Disclosed Misrepresentation Allegations By LPL Financial LLC Client
Notably, a client of LPL Financial LLC disputed Berg’s sales practices, according to a complaint dated November 18, 2025. Allegedly, Berg made misrepresentations and engaged in unauthorized transactions involving the annuitization of an annuity. It appears that Berg allegedly caused the client to sustain damages related to variable annuities. As a result, the client sought compensation from LPL Financial LLC or Berg in the amount of $200,000 in this matter.
LPL Financial LLC Disaffiliated With Gregory Berg For Client Complaint
Particularly, on December 15, 2025 LPL Financial LLC disaffiliated with Berg. Specifically LPL Financial LLC alleged that Berg did not promptly elevate a client complaint to the firm and resolved that complaint without obtaining the firm’s required written authorization.
Were You Impacted By Financial Advisor / Securities Broker Berg?
Are you concerned about investments you made through Gregory Berg? Contact Soreide Law Group at (888) 760-6552 or online and speak to a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, our securities lawyers represent investors on a contingency fee basis and advance all costs. Berg and brokerage firms Berg worked for deny allegations of sales practice violations.
