Investors potentially experienced sales practice violations due to securities broker James Robert Ptacek Jr. (also known as Jim Ptacek) [CRD: 1959049, Willoughby Hills, Ohio], according to public information found on FINRA BrokerCheck. Evidently, Ptacek worked for LPL Financial LLC from February 14, 2018, to November 14, 2024. Supposedly, the firm discharged him for not reporting private securities transactions and outside business activities. Read below to find out more about the disclosures involving Ptacek.
Particularly, an FSC Securities Corporation client filed Civil Action No. CV02464820 about James Ptacek The client alleged that Ptacek breached his fiduciary duty in reference to a fixed annuity transaction. Consequently, the investor allegedly incurred damages. For this reason, on July 23, 2003, FSC Securities Corporation settled this matter by paying the client $125,000 in damages.
Specifically, a client of LPL Financial LLC disputed James Ptacek’s sales practices by filing FINRA Arbitration No. 25-01263 on June 18, 2025. Allegedly, Ptacek made unsuitable recommendations given the client’s investment objectives and risk tolerance. It appears that Ptacek caused the client to sustain damages. As a result, the client seeks compensation from LPL Financial LLC or Ptacek totaling $100,000 in this ongoing matter.
Did you experience losses because of James Ptacek? You should reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney regarding recovering your investment losses. Soreide Law Group has recovered losses for clients throughout the United States. The firm also works through a contingency fee arrangement and advances all costs. Ptacek and brokerage firms Ptacek worked for deny all allegations of referenced in public disclosures.
In a recent article from Financial Advisor they state that the customers of Kestra have filed a complaint against the broker/dealer with the Financial Industry Regulatory Authority’s (FINRA) arbitration service. The article states that the customers allege that one of Kestra’s representatives led them to a volatile and unsuitable exchange-traded product. Additionally, they allege he […]
Investors potentially incurred losses because of securities broker Diego Soares Bacellar [CRD: 6808326, Miami, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Diego Bacellar worked for Northwestern Mutual Investment Services LLC from April 8, 2019, to May 1, 2026. Investors are encouraged to continue reading to discover more about the disclosures involving […]
Investors apparently complained about securities broker Mark Allen Herding [CRD: 2239357, Phoenix, Arizona], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Herding worked for Cambridge Investment Research Inc. from October 19, 2012, to February 14, 2018, and Cambridge Investment Research Advisors Inc. from November 15, 2012, to February 14, 2018. Since January 31, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com