FINRA Sanctions Scott Hansen

Soreide Law Group is investigating possible investor claims against Scott Hansen (also known as Scott Richard Hansen) (CRD: 2837763, Moab, Utah). Evidently, FINRA sanctioned the securities broker, who worked for LPL Financial LLC. Allegedly, Hansen engaged in an undisclosed outside business activity. Here is a brief summary of FINRA’s allegations against Hansen.

FINRA Sanctions Scott Hansen For Outside Business Activities

Particularly, on February 25, 2021, FINRA issued Case: 2019064872501 sanctioning Scott Hansen for infractions. Specifically, Hansen received a three-month suspension and a $7,500 fine. Namely, FINRA alleged that Hansen engaged in an undisclosed outside business activity. Supposedly, he prepared a will and trust for a client despite not having been a licensed attorney. FINRA says that he failed to inform the firm about this outside business activity, which included his compensation from the client for his work.

Hansen Subject Of Civil Action By Colorado Supreme Court

Also, Colorado Supreme Court issued Case: 2020SA108 on May 30, 2020, for his unauthorized practice of law when he worked for LPL Financial. The securities broker paid a $7,724 fine to resolve the matter.

LPL Financial LLC Disaffiliates With Scott Hansen For Unauthorized Client Activities

Hansen worked for LPL Financial LLC in Moab, UT, as a securities broker from November 2005 to April 2020. Evidently, on March 12, 2020, LPL Financial LLC disaffiliated with Hansen. Mainly, LPL Financial LLC alleged that Hansen engaged in unauthorized client-related activities.

Did LPL Financial LLC Securities Broker Scott Hansen Cause You To Experience Damages?

Have you experienced damages because of Scott Hansen? If so, contact Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors across the country, represents investors like you on a contingency fee basis and advances all costs. Hansen and brokerage firms Hansen worked for deny any and all allegations of sales practice violations.