Soreide Law Group is presently investigating potential claims on behalf of investors who may have sustained financial losses due to the actions of John Dougherty (also known as Jack Aloysius Dougherty) (CRD: 3018615, Blue Bell, Pennsylvania). Specifically, Dougherty was affiliated with LPL Financial LLC from January 4, 2021, to August 11, 2023, and with Wells Fargo Clearing Services, LLC from April 26, 2013, to January 13, 2021, in Collegeville, Pennsylvania. Notably, LPL Financial LLC disaffiliated with Dougherty on July 17, 2023, for alleged misconduct. Additionally, an investor has accused Dougherty of recommending an unsuitable wealth management strategy.
Evidently, on July 17, 2023, LPL Financial LLC disaffiliated with Dougherty. Specifically, LPL Financial LLC alleged that Dougherty engaged in outside business activity and participated in private investments without firm approval.
Moreover, on January 19, 2023, an LPL Financial LLC client filed a civil suit: 2023-CP-40-00242 against John Dougherty. Namely, the client alleged that Dougherty recommended a wealth management strategy unsuitable for his investment objectives and risk tolerance, leading to alleged losses. The investments in question were asset-backed debt products, equities, and other private placements. As a result, the client seeks compensation. This civil suit is currently pending in a South Carolina Court. However, Dougherty denies any wrongdoing, asserting the allegations are without merit and vowing to defend the matter.
Did you experience losses because of John Dougherty? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered money for investors throughout the United States, works on a contingency fee basis, and advances all costs. Dougherty and brokerage firms he worked for deny accusations of sales practice violations.
DAVID KITCHEN FRANKLIN (DAVID K FRANKLIN) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm on 10/21/2025. Franklin was formerly registered as a broker with INTEGRAL WEALTH SERVICES LLC of New York, NY from 08/06/2018 - 06/09/2025. According to the FINRA report, without admitting or denying FINRA’s […]
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Soreide Law Group, PLLC At Soreide Law Group, we help investors, shareholders, and publicly traded companies navigate the complex federal rules governing the resale of restricted or control securities. Our attorneys understand that clearing restrictive legends and ensuring compliance with Rule 144 or other resale exemptions can be time-sensitive and critical to protecting shareholder rights. […]
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