Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 1, 2018 indicate that California-based LPL Financial Services broker/adviser Terry Karch is involved in a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Karch (CRD# 2574745).
Terry Karch has spent 23 years in the securities industry and has been registered with LPL Financial in Fresno, California since 2009. Previous registrations include Citigroup Global Markets in Fresno, California (2000-2009) and Dean Witter Reynolds in Purchase, New York (1995-2000). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 23, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 17, 1995; Series 31 (Futures Managed Funds Examination), which he obtained on March 21, 1995; and Series 7 (General Securities Representative Examination), which he obtained on February 16, 1995. He is a registered broker and investment adviser with eleven US states and territories: Alabama, California, Colorado, Florida, Illinois, Kansas, North Carolina, South Carolina, Texas, Utah, and Washington.
According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.
In December 2017 a customer alleged Terry Karch, while employed at LPL Financial, recommended an unsuitable investment in equity-listed securities. The customer is seeking unspecified damages believed to exceed $5,000 in the pending complaint.
In 2003 a customer alleged Terry Karch, while employed at Citigroup Global Markets, failed to follow instructions with respect to investments in over-the-counter equities. The customer sought $80,000 in damages in the complaint, which was denied.
If you or someone you know has lost money investing with Terry Karch, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.