Investors potentially experienced sales practice violations by securities broker John Prokos Jr. [CRD: 1553091, Boca Raton, Florida], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. John Prokos worked for LPL Financial LLC beginning September 1, 2020, and previously worked for Lucia Securities LLC from September 9, 2011, to October 5, 2020, as well as Lucia Capital Group from April 9, 2010, to October 5, 2020. Read on to find out more about John Prokos’s disclosures.
Specifically, a client filed a complaint about John Prokos. Primarily, the client alleged that Prokos made unsuitable recommendations. For this reason, the client allegedly sustained damages related to REITs. Consequently, on August 19, 2024, Lucia Securities LLC settled this matter by paying the client $12,500 in damages.
Also, a client of Lucia Securities LLC contested John Prokos’s sales practices, according to a complaint dated June 12, 2021. Allegedly, Prokos made unsuitable recommendations. Allegeldy, potential risks of illiquidity were not disclosed. It appears that Prokos allegedly caused the client to sustain damages linked to real estate securities. As a result, the client sought compensation from Lucia Securities LLC or Prokos in this matter. However, the firm denied this complaint.
Do you have concerns or questions regarding investments you made with John Prokos? You can contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible 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 arrangement and advance all costs. Prokos and brokerage firms Prokos worked for deny accusations of sales practice violations.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com