Soreide Law Group is investigating possible investor claims against securities broker Joseph Don Malboeuf [CRD#: 4825607, Colchester, Vermont]. Specifically, FINRA BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for LPL Financial. Evidently, one or more clients allege sales practice violations in these disputes, including failure to follow instructions. Here is a brief summary of the disclosures about Malboeuf. However, please note that the securities broker denies the allegations.
Evidently, on March 31, 2020, an LPL Financial client filed a complaint about Joseph Malboeuf. Particularly, the client alleged failure to follow instructions. Because of this, the client allegedly sustained damages relating to purchases or sales of mutual funds. Therefore, on July 19, 2020, LPL Financial settled this matter by paying $85,000 to the client. Still, the broker denies the allegations against him.
Particularly, a client of Edward Jones contested Joseph Malboeuf's sales practices, according to a complaint dated March 10, 2009. Notably, accusations against the securities broker include misrepresentations. Allegedly, the stocks that Malboeuf sold or recommended resulted in damages. Therefore, Edward Jones opted to settle the matter on November 5, 2009, by compensating the client in the amount of $102,959.65.
Have you experienced damages by investing with Joseph Malboeuf? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Malboeuf and the brokerage firms Malboeuf has associated with deny any and all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com