Former LaSalle St. Securities, L.L.C. broker David Love (CRD# 4788074) faces a customer complaint for crypto investment losses. He was registered with LaSalle St. Securities, L.L.C. in Oklahoma City, Oklahoma, from 2021 to 2024, when he was terminated regarding, “Violating the Rules of Supervisory procedures for LaSalle St. Securities, LLC.”
In September 2024, FINRA indefinitely barred him after he failed to respond to FINRA requests for information.
David Love Customer Complaints
He has been the subject of four customer complaints between 2009 and 2024, one of which was denied and one was closed without action, according to his CRD report. The most recent complaint was regarding:
October 2024. “Customer alleges he sent funds to Love from the customer’s personal checking account. The funds were sent to Love’s own personal bank account not connected to LaSalle. Customer claims the funds originally came from his securities account at LaSalle. He says Love was supposed to invest the funds in a venture of which the client claims he has no knowledge. LaSalle believes it may have involved crypto currency assets and trading by Love and customer with no connection or participation by LaSalle.” The customer is seeking $850,000 in damages, and the case is currently pending. The complaint was regarding crypto assets.
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, LaSalle St. Securities, L.L.C. may be liable for investment or other losses suffered by David Love’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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