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DID WILLIAM ANTHONY MCDONOUGH CAUSE YOU INVESTMENT LOSSES?

William McDonough Formerly With LPL Financial LLC Has 3 Customer Complaints For Alleged Broker Misconduct

Who is William McDonough formerly with LPL Financial LLC?

William McDonough

William McDonough (CRD #2842198)

Investment Losses? Let’s talk.

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William McDonough Customer Complaints

William McDonough has been the subject of 3 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled in favor of the investors. The other customer complaint was denied and closed with no further action being taken by the customers.

Allegations Against William McDonough

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Unauthorized purchase of annuities.
  • Unsuitable investment recommendation of Franklin Square Energy and Power Fund.
  • Unsuitable investment recommendations and overconcentration of claimant’s account in non-traded, high risk closed-end funds contrary to claimant’s investment objectives.

William McDonough Red Flags & Your Rights As An Investor

Of course, William McDonough did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of William McDonough at LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether William McDonough has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at (833) 300-6983. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at (833) 300-6983.

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