Investors have reportedly disputed the sales practices of securities broker Michael Laine [CRD: 1244072, El Segundo, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Laine worked for LPL Financial LLC from September 8, 2009, to May 5, 2026, before registering with Purshe Kaplan Sterling Investments and PKS Advisory Services LLC on April 10, 2026. Investors should continue reading to discover more about disclosures involving Michael Laine.
Specifically, a client filed a complaint about Michael Laine. Mainly, the client alleged that Laine failed to follow instructions by not verbally confirming withdrawals with the client. For this reason, the client allegedly incurred damages on stocks. Therefore, on December 6, 2025 LPL Financial LLC settled this matter by paying the client $105,500.
Particularly, a client of Associated Securities Corp. contested Michael Laine’s sales practices by filing NASD Arbitration No. 96-01536. Allegedly, Laine made misrepresentations and failed to supervise certain representatives in connection with the client’s account. It appears that Laine allegedly caused the client to experience damages. As a result Associated Securities Corp. agreed to settle the matter on August 15, 1996, by compensating the client.
Do you have questions or concerns regarding investments you made with Michael Laine? Get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for individuals throughout the US. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Laine and brokerage firms Laine worked for deny accusations of sales practice violations.
Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s […]
Investors apparently complained about securities broker Juan Pablo Benavides [CRD: 4288007, Miami, Florida], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Benavides has worked for Merrill Lynch as a securities broker since November 22, 2000, and as a financial advisor since March 15, 2004. See below to find out more about […]
Investors potentially incurred losses because of securities broker Sandy Meyer Leff [CRD: 1796695, Atlanta, Georgia], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Leff has worked for Carter Terry Company Inc. as a securities broker since October 6, 2016, and as a financial advisor since October 21, 2016. Keep reading to discover […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com