Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on April 22, 2016 indicate that California-based LPL Financial broker/adviser Jeremy Gottlieb is the subject of a customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Gottlieb (CRD# 1663077).
Jeremy Gottlieb has spent 26 years in the securities industry and has been registered with LPL Financial in Carlsbad, California since 2011. Previous registrations include Lucia Securities in San Diego, California (2011); First Allied Securities in San Diego, California (2007-2011); Securities America in San Diego, California (1998-2007); Walnut Street Securities in El Segundo, California (1993-1998); Northwestern Mutual Investment Services in Milwaukee, Wisconsin (1991-1993); Robert W. Baird & Company in Milwaukee, Wisconsin (1991-1992); Walnut Street Securities in El Segundo, California (1988-1989); and Integrated Resources Equity Corporation (1987-1988). He is a registered broker and investment adviser in 20 US states and territories.
According to his BrokerCheck report, Jeremy Gottlieb is the subject of one customer complaint.
In May 2015, a customer alleged that Jeremy Gottlieb, while employed at Securities America and First Allied Securities, recommended and sold unsuitable investments, committed common law fraud, breached his fiduciary duty, acted negligently, and failed to supervise. The complaint settled in February 2016 for $16,200.
According to FINRA rules and federal securities law, brokers and investment advisers like Jeremy Gottlieb are beholden to a fiduciary duty that requires them to act only in the best interests of their clients. This means, for instance, that they can only recommend suitable investments that take into account the client’s investment goals, experience, and risk tolerance. Firms are not permitted to misrepresent or omit material facts related to an investment, as this might cause a customer to invest unsuitably. Brokers and firms that violate applicable rules and regulations may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have complaints regarding Jeremy Gottlieb, you may be able to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency; Fitapelli Kurta only gets paid if and when you recover money. You may have a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.