Erez Law is currently investigating former LPL Financial LLC broker Lawrence Teighman (CRD# 2759058) regarding real estate securities losses. He was registered with Ameriprise Financial Services, LLC in Chesterland, Ohio, from 2021 to 2022. Previously, he was registered with LPL Financial LLC in Chesterland, Ohio, from 1998 to 2021.
Lawrence Teighman Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
April 2024. “Customers allege that during the time period 2017-2021, representative’s recommendations to purchase and hold a REIT were unsuitable.” The customer is seeking $110,000 in damages, and the case is currently pending. The complaint was regarding real estate securities losses, which occurred while he was registered with LPL Financial LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, LPL Financial LLC may be liable for investment or other losses suffered by Lawrence Teighman’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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