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Broker Complaints: Lincoln Investment Planning Services (CRD# 519 )

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Lincoln Investment Planning Services.

Lincoln Investment Planning is a brokerage firm registered in 53 US states and territories, though its main office is in Wyncote, Pennsylvania. The firm is owned by Lincoln Investment Group Holdings, Incorporated. Formed in 1968, Lincoln Investment Planning offers advisory services through Capital Analysts, Inc. or Lincoln Investment; securities are offered through Lincoln. According to the firm’s BrokerCheck report, it is the subject of three regulatory sanctions.

In 2009 the Financial Industry Regulatory Authority filed a complaint alleging Lincoln Investment Planning failed to provide timely refunds to customers in cases where it was required to do so expeditiously. FINRA censured Lincoln Investment Planning and issued a penalty of $15,000.

In 1993 the National Association of Securities Dealers filed a complaint alleging Lincoln Investment Planning violated federal securities regulations by providing inaccurate financial reporting and failing to maintain its required minimum net capital. The complaint further alleged shortcomings in establishment and maintenance of supervisory procedures. Lincoln was censured and issued a penalty of $7,500.

In 1988 the State of Iowa filed a complaint alleging Lincoln Investment Planning effected three transactions in mutual funds securities on behalf of Iowans before it obtained proper registration as required by Iowa law. Lincoln was censured and issued a civil penalty.

    If you or someone you know has a complaint regarding Lincoln Investment Planning, call the securities and investment fraud law firm Fitapelli & Kurta at 877-238-4175 for a free consultation. You may be entitled to recover losses. We take all cases on contingency: we only get paid if and when you recover money. Time to file your claim may be limited, so avoid delay. Call 877-238-4175 now to speak to an attorney for free.