Were you the victim of former LPL Financial LLC broker James Ptacek Jr. (CRD# 1959049)? He was registered with LPL Financial LLC in Willoughby Hills, Ohio, from 2018 to 2024, when he was terminated regarding “Failed to report and receive prior approval for certain outside business activities and private securities transactions – This was previously reported by LPL on their U5 filing.” He was registered with Sii Investments, Inc. in Parma, Ohio, from 2007 to 2018.
James Ptacek Jr. Customer Complaints
He has been the subject of two customer complaints between 2002 and 2025, according to his CRD report. The most recent complaint was regarding:
June 2025. “Customer alleges that an investment made in 2018 was unsuitable for the customer’s investment objectives and risk tolerance.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was regarding managed and wrap accounts.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, LPL Financial LLC may be liable for investment or other losses suffered by James Ptacek Jr.’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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