Did you lose money investing with LPL Financial LLC broker David Taddeo (CRD# 1163829)? Taddeo has been registered with LPL Financial LLC in La Mesa, California since 2000.
Taddeo has been the subject of five customer complaints between 2002 and 2020, one of which was denied, according to his CRD report. The most recent complaints are regarding:
- July 2020. “Customer alleged that terms of variable annuity income benefit were presented in error in October 2003, that income withdrawals have been based on that error, and requests that a solution be provided. Activity period: 10/1/03 to 7/29/20.” The case is currently pending.
- April 2020. “Customer alleged that terms of variable annuity were misrepresented and sought damages of approximately $800,000. Activity dates – 6/1/07 to 1/29/20.” The case was settled for $325,000.
- January 2020. “Customer alleged that terms of variable annuity’s income guarantee were misrepresented and sought unspecified damages of over $5,000. Activity period – 4/17/03 to 2/1/19.” The case was settled for $289,625.
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 Taddeo’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.
Did You Lose Money Investing with Robert Vance?
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 below for a free consultation.
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