Erez Law is currently investigating Lifemark Securities Corp. broker Michael Pineda (CRD# 2337780) regarding corporate debt losses. He has been registered with Lifemark Securities Corp. in Leesburg, Virginia, since 2017. He was registered with Lifemark Securities Corp. in Denver, Colorado, in August 2017, when he was terminated regarding, “Registered Representative submitted a Company replacement form containing a non-genuine signature and non-genuine initials of a client to the Company in connection with an annuity application.” He was registered with Prudential Financial Planning Services in Englewood, Colorado, from 2016 to 2017, and Royal Alliance Associates, Inc. in Lakewood, Colorado, from 2014 to 2016.
Michael Pineda Customer Complaints
He has been the subject of two customer complaints between 2022 and 2025, according to his CRD report:
November 2025. “Allegations pertain to an investment in an alternative product, intended to be a small component of a larger diversified portfolio. Investment was purchased in 03/2021. Unfortunately, the company that issued the investment has since filed Chapter 11 bankruptcy. As a result, the client is alleging failure to perform due diligence, unsuitable recommendation, breach of contract/ fiduciary duty, and negligence.” The customer is seeking $105,000 in damages, and the case is currently pending. The complaint was regarding corporate debt losses, and it took place while he was registered with Lifemark Securities Corp.
August 2022. “Mr. Pineda is not a party to the arbitration. Allegations pertain to an investment in an alternative product, intended to be a small component of a larger diversified portfolio. Unfortunately, the company that issued the investment has since filed Chapter 11 bankruptcy. As a result, the client is now alleging breach of fiduciary duty, negligence, negligent supervision, fraud, breach of contract, violation of sections 10(b) and 20(a) of the Securities and Exchange Act, Rule 10b-5 of the Securities and Exchange Commission and violation of the Colorado Uniform Securities Act.” The customer sought $75,000 in damages, and the case was settled for $45,000. The complaint was regarding corporate debt losses, and it took place while he was registered with Lifemark Securities Corp.
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, Lifemark Securities Corp. may be liable for investment or other losses suffered by Michael Pineda’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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