Investors potentially experienced sales practice violations due to securities broker Michael Clifford Graham [CRD: 3263494, El Paso, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Graham worked for LPL Financial LLC from April 24, 2019 to June 23, 2025, and for Principal Securities Inc. from January 26, 2012 to May 2, 2019. Read below to understand more about the disclosures associated with this securities broker.
LPL Financial Client Accuses Mike Graham Of Misrepresentation
Particularly, on June 16, 2025, an LPL Financial LLC client filed a complaint about Michael Graham. The client reportedly accused Graham of misrepresented statements about guaranteed principal and returns relating to a secured loan connected to a real estate transaction. For this reason, the client allegedly sustained damages. Therefore, the client requested $300,000.00 in compensation from LPL Financial LLC or Graham.
LPL Financial Terminated Michael Graham For Outside Business Activities
Notably, on June 6, 2025, LPL Financial LLC disaffiliated with Graham. Evidently, LPL Financial LLC alleged that Graham engaged in undisclosed private securities transactions and outside business activities.
LPL Financial Investor Accused Mike Graham Of Unsuitable Recommendations, Private Securities Transactions
Also, on January 13, 2025, an LPL Financial LLC client filed FINRA Arbitration No. 25-00075 about Michael Graham. Supposedly, Graham made unsuitable recommendations and engaged in private securities transactions. Because of this, the client allegedly experienced damages linked to private securities. Consequently, the client requested $276,200.00 in compensation from LPL Financial LLC or Graham. It appears that this arbitration is ongoing.
Michael Graham Faced Failure To Follow Instructions Allegations By Securian Financial Services Client
Additionally, a client of Securian Financial Services Inc. contested Michael Graham’s sales practices, according to a complaint. Allegedly, Graham failed to follow instructions. It appears that Graham caused the client to sustain damages linked to variable annuities. Therefore, Securian Financial Services Inc. opted to settle the matter on May 10, 2006, by paying the investor $10,223.65.
Have You Made Investments Through Securities Broker / Financial Advisor Graham?
Did you suffer losses because of Michael Graham? You can get in touch with Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer concerning a potential recovery. Soreide Law Group helps to recover losses for investors throughout the United States. Also, the firm handles cases on a contingency fee basis and advances the costs. Graham and brokerage firms Graham worked for deny accusations of sales practice violations.