LPL Financial, Top Louisiana Broker Cut Ties Amidst Investigation

By September 18, 2015 September 20th, 2017 News

Louisiana financial advisor Garrett Ahrens has resigned from LPL Financial, LLC amidst a FINRA investigation into allegations that he reported incorrect values on customer’s statements.

Ahrens has denied the FINRA allegations. According to FINRA’s BrokerCheck report, Ahrens stated that the separation with LPL was voluntary. “I voluntarily resigned from LPL Financial on August 18, 2015. My resignation had nothing to do with the Wells Notice received on August 4, 2015. LPL Financial defended my use of consolidated reports during the almost two year inquiry by FINRA until I decided to form an independent investment advisory firm and resign from LPL.”

A review of Ahrens’ BrokerCheck Report reveals that he currently has one customer dispute pending, and also settled two additional customer complaints during the 2010-2013 time period.

 

Investment News article (September 18)

http://www.investmentnews.com/article/20150918/FREE/150919905/lpl-and-775-million-adviser-part-ways-amid-investigation

 

Fishman Haygood represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.

Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood lawyer today.

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