RedFlags, Allegations and Complaints against GEORGE FREDERICK LORENZ
Disclosure #1 for GEORGE LORENZ
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- eventDate: 5/12/2008
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Denied
- Disclosure Detail :: Allegations: CLIENT ALLEGES UNSUITABILITY CONCERNING AUCTION MARKET SECURITIES. DAMAGES UNSPECIFIED.
- Arbitration Docket Number:
- Broker Comment: THIS COMPLAINT AROSE OUT OF THE UNPRECEDENTED ILLIQUIDITY IN THE AUCTION RATE SECURITIES MARKET. PRIOR TO THE RECENT WIDESPREAD AUCTION FAILURES, AUCTION MARKET SECURITIES WERE SOLD THROUGHOUT THE FINANCIAL SERVICES INDUSTRY AS HIGHLY LIQUID INSTRUMENTS AND WERE APPROPRIATELY REGARDED BY THE INDUSTRY AS HIGHLY LIQUID INVESTMENTS. THE CUSTOMER’S AUCTION MARKET SECURITIES POSITIONS WERE FULLY REDEEMED AT PAR ON AUGUST 1, 2008.
Should I file a FINRA complaint against brokers like GEORGE FREDERICK LORENZ?
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 GEORGE FREDERICK LORENZ’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 GEORGE FREDERICK LORENZ
What is GEORGE LORENZ’s Central Registration Depository (CRD) Number?
Which firm is GEORGE FREDERICK LORENZ associated with?
LPL FINANCIAL LLC
Where is GEORGE LORENZ located?
105 MAXESS ROAD STE S124, MELVILLE, NY, 11747
Where can I find more details about GEORGE LORENZ’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 GEORGE FREDERICK LORENZ?
Where can I download a detailed FINRA report for GEORGE LORENZ?
Is it safe to do business with GEORGE FREDERICK LORENZ?
We’re not sure. Please research GEORGE LORENZ’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:43 am
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