Karen Briggs Involved In LPL Financial Investor Complaint About Unsuitable Advice

Investors apparently complained about securities broker Karen Elizabeth Briggs [CRD: 1100275, Edmonds, Washington], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Briggs worked for LPL Financial LLC from November 6, 2013, to December 20, 2022. Investors should continue reading to learn more about the disclosures involving Briggs.

LPL Financial Investor Accused Briggs Of Sales Practice Violation

Particularly, on March 12, 2025, an LPL Financial LLC client filed FINRA Arbitration No. 25-00509 about Karen Briggs. Primarily, the client alleged that Briggs made unsuitable recommendations. For this reason, the client allegedly experienced damages associated with real estate investment trusts, life insurance products, and equity-indexed annuities. Consequently, the client requested $259,000 in compensation from LPL Financial LLC or Briggs. It appears that this arbitration is pending a resolution.

Karen Briggs Disclosed Unsuitable Recommendations Allegations By LPL Financial Corporation Client

Notably, a client of LPL Financial Corporation disputed Briggs’ sales practices, according to a complaint dated July 2, 2021. Allegedly, Briggs made unsuitable recommendations. It appears that Briggs allegedly caused the client to incur damages relating to fixed annuities and real estate securities. Therefore, the client sought compensation from LPL Financial Corporation or Briggs in this matter. This complaint was later denied on August 13, 2021.

LPL Financial Investor Accused Briggs Of Misrepresentation

Specifically, an LPL Financial LLC client filed FINRA Arbitration No. 20-03406 about Karen Briggs. Mainly, the client alleged that Briggs made misrepresentations and unsuitable recommendations. Because of this, the client allegedly incurred damages linked to real estate securities and business development company investments. As a result, on February 11, 2022 LPL Financial LLC settled this matter by paying the client $35,000 in damages.

Did You Sustain Losses Because Of Securities Broker Karen Briggs?

Did you suffer any investment-related losses because of Karen Briggs? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Briggs and brokerage firms Briggs worked for deny accusations of sales practice violations.