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Clay Fairley Received a Complaint While Employed at LPL Financial

Clay FairleyPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 10, 2017 indicate that North Carolina-based LPL Financial broker/adviser Clay Fairley has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Fairley (CRD# 1428423).

Clay Fairley has spent thirty-one years in the securities industry and has been registered with LPL Financial in Southport, North Carolina since 2004. He was previously registered with AG Edwards & Sons in St. Louis, Missouri from 1985 to 2004. He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); and Series 24 (General Securities Principal Examination). He is a registered broker and investment adviser with 24 US states and territories: California, Colorado, Connecticut, Delaware, Florida, Georgia, Maine, Maryland, Massachusetts, Michigan, Montana, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, South Dakota, Texas, Virginia, Washington, Wisconsin and Wyoming.

According to his BrokerCheck report, he has received one pending customer complaint.

In June 2017 a customer alleged Clay Fairley, while employed at LPL Financial, “recommended he invest in a variety of unsuitable equity positions.” The customer is seeking $150,000 in damages in the pending complaint.

If you or someone you know has complaints regarding investments made with Clay Fairley or LPL Financial, 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 by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.