RedFlags, Allegations and Complaints against ANDREI SHERRON HALL
Disclosure #1 for ANDREI HALL
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- eventDate: 3/20/2022
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Settled
- Disclosure Detail :: Allegations: Customer alleged that investment in managed account in September 2021 was guaranteed to be safe, and sought return of initial investment. Activity Date – 9/23/21
- Settlement Amount: $19,863.02
- Arbitration Docket Number:
- Broker Comment: The customer’s claim that the investment was guaranteed is without merit. The customer’s claim was settled to avoid the time and expense of further proceedings. The customer’s objectives were to attempt to earn a greater return than was available from bank deposit instruments, without being committed to an investment for a period of years, as she was with an existing five-year fixed annuity that she had purchased at another firm. The performance history of an LPL managed account with an investment objective of income with capital preservation using American Funds was reviewed, using the LPL Proposal Tool, which showed that fluctuations in value in both positive and negative directions were possible, which the customer understood. Beginning in February 2022 the account declined in value due to market events, but it was never guaranteed that this would not happen, and the customer understood and agreed to this when she made the investment. During a period of market turbulence when the broad market indices were down by 12 – 20%, the customer’s account declined by approximately 7%.
Should I file a FINRA complaint against brokers like ANDREI SHERRON HALL?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by ANDREI SHERRON HALL’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About ANDREI SHERRON HALL
What is ANDREI HALL’s Central Registration Depository (CRD) Number?
Which firm is ANDREI SHERRON HALL associated with?
LPL FINANCIAL LLC
Where is ANDREI HALL located?
28 SAVANNAH, LAKE FOREST, CA, 92630
Where can I find more details about ANDREI HALL’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/6413 to read a detailed report for LPL FINANCIAL LLC
Are there any disclosures, allegations or complaints filed against ANDREI SHERRON HALL?
Where can I download a detailed FINRA report for ANDREI HALL?
Is it safe to do business with ANDREI SHERRON HALL?
We’re not sure. Please research ANDREI HALL’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:42 am
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