Michael Frost Connected To LPL Financial Investor Arbitration Claim Regarding Misrepresentation

Investors potentially incurred losses because of securities broker Michael Douglass Frost [CRD: 2000358, Colorado Springs, Colorado], based on public information on Financial Industry Regulatory Authority BrokerCheck. Frost worked for LPL Financial LLC from November 29, 2017, to September 18, 2025, and has worked for Cetera Advisors LLC since September 17, 2025. See below to discover more about the client disputes involving Frost.

LPL Investor Accused Frost Of Misrepresentation

Specifically, on May 14, 2026, a client of National Planning Corporation and LPL Financial filed FINRA Arbitration No. 26-01113 about Michael Frost. The client alleged that Frost made misrepresentations concerning investments made from December 2015 through September 2025. For this reason, the client allegedly sustained damages involving variable life insurance. Therefore, the client requested $899,060.45 in compensation from National Planning Corporation LPL Financial, or Frost. BrokerCheck shows that this arbitration remains awaiting a resolution.

Walnut Street Client Alleged Misrepresentation In Dispute About Michael Frost

Also, a client of Walnut Street Securities disputed Frost’s sales practices, according to a complaint dated October 19, 2017. Allegedly, Frost made misrepresentations concerning the client’s Colorado Public Employees Retirement Account, resulting in damages. The client sought compensation from Walnut Street Securities or Frost in this matter. Walnut Street Securities denied the complaint on January 4, 2018.

Walnut Street Investor Accused Frost Of Sales Practice Violation

Particularly, a client filed a complaint about Michael Frost. The client alleged that Frost acted dishonestly when providing financial advice concerning an American Skandia variable annuity. Because of this, the client allegedly sustained damages involving a variable annuity. On June 29, 2007, Walnut Street Securities settled the matter by paying the client $19,825.42.

Are You Looking For More Information About Securities Broker / Financial Advisor Michael Frost?

Did you experience losses because of Michael Frost? If so, reach out to Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, our securities lawyers handle cases on a contingency fee basis and advance all costs. Frost and the brokerage firms Frost worked for deny allegations of sales practice violations.