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.
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.
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.
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 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.
Cowen and Company, LLC (CRD 7616), now part of TD Securities (USA) LLC, is a brokerage firm based in New York, New York. FINRA censured and fined the firm a total of $80,000, of which $40,000 is payable to FINRA, according to an AWC issued August 19, 2026.
Webull Financial LLC (CRD 289063) is a brokerage firm based in New York, New York. FINRA censured and fined the firm $115,000 after finding it maintained inaccurate books and records of options order origin codes, according to an AWC issued August 17, 2026.
Marc Miller (CRD 1133692) is a registered representative with Western International Securities. According to BrokerCheck, a customer filed a claim against him on March 3, 2025 that remains pending.
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