Our firm is investigating LPL Enterprise broker and investment adviser representative Nicholas L. Langer (CRD# 5054905) of Wauwatosa, Wisconsin for potential investment-related misconduct involving an alleged unauthorized electronic signature.
Financial Advisor’s Career History
According to his FINRA BrokerCheck report, Nicholas L. Langer has been registered in the securities industry since 2005 and is currently associated with LPL Enterprise, LLC (CRD# 8733).
Langer became registered with LPL Enterprise, LLC in or around October 2025, working from a branch office located at 10000 W Innovation Drive, Suite 190, Wauwatosa, Wisconsin. Prior to joining LPL Enterprise, he was registered with J.P. Morgan Securities LLC (CRD# 79) in Madison, Wisconsin from approximately October 2012 through August 2025. Before that, he was associated with Chase Investment Services Corp. (CRD# 25574) in Madison, Wisconsin from about November 2005 through October 2012.
Over the course of his career, Langer has passed the Securities Industry Essentials Examination (SIE), the Series 7 General Securities Representative Examination, the Series 6 Investment Company Products/Variable Contracts Representative Examination, and the Series 63 and 65 state securities law exams. He has been licensed in multiple U.S. states and territories, including Kansas, Louisiana, New Hampshire, North Carolina, Tennessee, Texas, Utah, and Wisconsin.
In addition to his brokerage and advisory work, Langer has disclosed other investment-related business activities, including non-variable insurance and a Prudential Advisors “doing business as” entity related to his LPL business in Windsor, Wisconsin.
Nicholas L. Langer Fraud Allegations and Investor Complaints Explained
Pending Customer Dispute Alleging Unauthorized Electronic Signature
FINRA BrokerCheck discloses a pending customer dispute reported by both J.P. Morgan Securities LLC and Langer himself. The customer alleges that on or about May 6, 2025, Langer affixed the electronic signature of a contact person to a document without authorization. The matter is described as involving “No Product,” suggesting that the alleged misconduct centers on documentation and authorization issues rather than the recommendation of a specific security.
The customer is seeking $559,055.00 in compensatory damages. The written complaint was received on October 31, 2025, and the dispute remains pending with no reported settlement or adjudicated outcome at this time.
Employment Termination After Allegations of Unauthorized Signature
BrokerCheck also reflects that Langer was discharged on July 17, 2025, by JPMorgan Chase Bank, N.A. and J.P. Morgan Securities LLC following allegations that he affixed a third-party legal representative’s electronic signature to a document without authorization. The termination disclosure notes that the conduct was “not related to any known customer complaints or the sale of securities” and references “banking products (other than CDs)” as the product type involved.
Summary of FINRA Disclosures
Based on the current BrokerCheck record, the publicly reported disclosure events for Nicholas L. Langer include:
- Customer Dispute (Pending) – Customer alleges that on May 6, 2025, Langer affixed the electronic signature of a contact person to a document without authorization; product type: No Product; alleged damages: $559,055.00; complaint received October 31, 2025; status: pending.
- Employment Separation After Allegations (Final) – Discharged by JPMorgan Chase Bank, N.A. and J.P. Morgan Securities LLC on July 17, 2025, for allegedly affixing a third-party legal representative’s electronic signature to a document without authorization in connection with banking products other than CDs.
These disclosures involve serious allegations related to document integrity and authorization. However, investors should understand that a pending complaint contains unproven allegations; the matter could ultimately be resolved in Langer’s favor or settled without any admission of wrongdoing.
In cases involving alleged forged or unauthorized signatures on client or third-party documents, investors may also be dealing with broader financial advisor malpractice and other forms of broker-dealer fraud that can give rise to claims for damages through FINRA arbitration and related processes.
To obtain a copy of Nicholas L. Langer’s FINRA BrokerCheck report, Visit this link
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
First, FINRA Rule 2010 requires that all member firms and their associated persons “observe high standards of commercial honor and just and equitable principles of trade” in the conduct of their business. When a broker is accused of affixing an electronic signature to a document without proper authorization, that conduct—if proven—can be viewed as fundamentally inconsistent with these high standards of commercial honor because it misrepresents who approved or agreed to the transaction or arrangement at issue.
Second, FINRA’s books-and-records provisions, including Rule 4511, require firms and associated persons to make and preserve accurate records of their business and client relationships. Documents bearing a forged or unauthorized signature are inherently inaccurate and undermine the reliability of a firm’s records. When a broker allegedly causes a document to reflect approval or consent that was never actually given, that conduct may be charged as a violation of Rule 4511 and related record-keeping obligations if regulators determine the allegations are supported by the evidence.
Third, supervisory rules such as FINRA Rule 3110 require brokerage firms to establish and maintain a system to supervise the activities of each associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations. If a firm fails to detect or prevent a pattern of improper use of electronic signatures or falsified documentation, regulators may conclude that the firm’s supervisory systems were inadequate. In that scenario, a customer dispute involving unauthorized signatures can give rise not only to individual liability for the broker, but also to potential supervisory claims against the firm for failing to oversee how account documentation and electronic signature tools were being used.
Even though the allegations against Nicholas L. Langer remain pending and unresolved, the underlying conduct described in his BrokerCheck record illustrates why FINRA places such heavy emphasis on accurate documentation and honest dealings with clients. Investors who suspect that a broker misused electronic signature tools or submitted documents they never actually signed should seek legal advice promptly to protect their rights and explore potential remedies.
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.