There are options for clients of LPL Financial LLC broker Jeffrey Karp (CRD# 2466542) who lost money due to unsuitable investment recommendations. He has been registered with LPL Financial LLC in Mooresville, North Carolina, since 2005.
Jeffrey Karp Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
June 2023. “Customer alleges in hindsight that an investment she made in March 2014, which lost value in 2023, nine years after purchase at a different company, was not suited to her objective or risk tolerance.” The customer is seeking $150,000 in damages, and the case is currently pending. The complaint was regarding real estate investment losses.
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 Jeffrey Karp’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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