There are options for clients of former LPL Financial LLC broker Eric Ruthman (CRD# 6281076) seeking structured product loss options. He has been registered with Purshe Kaplan Sterling Investments, since 2021, and Phase Line Capital, LLC in Atlanta, Georgia, since 2021. He was registered with LPL Financial LLC in Atlanta, Georgia, from 2017 to 2021, and Edward Jones in Woostock, Georgia, from 2014 to 2017.
Eric Ruthman Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
July 2025. “From 2021-2025, client claims rep invested her money in structured notes that were unsuitable.” The customer sought $326,341.61 in damages, and the case was settled for $200,000. The complaint was regarding structured products.
April 2025. “Claimants allege that during the time period December 2020 to November 2021, representative recommended unsuitable investments in structured products and breach of fiduciary duty.” The case is currently pending. The complaint was regarding structured products.
January 2024. “Claimants allege that during the time period December 2020 to November 2021, representative recommended unsuitable investments in structured products.” The case was settled for $18,500.
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 Eric Ruthman’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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