What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: May 2, 2017

For clients victimized by former Glenview, Illinois financial advisor Darinn Dwight Kim, her former employer, Linsco Private Ledger, can be sued to recover stolen or converted funds. Darinn Kim, who ran DK Financial LLC, was terminated by LPL in October of 2012 due to the receipt of customer funds from a client without the client’s authorization. She was also kicked out of the securities industry for forging a client’s signature, transferring client funds without the customers OK and selling securities without the clients approval. For other clients of Kim who had similar conduct engaged in, her former employer, LPL, can be sued to recover any investment losses or converted funds. While employed by the firm, LPL had a duty and obligation to supervise her activities.

Fortunately for clients who wish to sue LPL, there are often supervisory red flags of misconduct that should have been discovered. If those red flags are ignored, the brokerage firm can be held liable to compensate the investor for investment losses or converted funds. We have successfully sued LPL dozens of times Our securities fraud lawyers, headquartered in Chicago, Illinois can provide a free evaluation for how to recover Darrin Kim related losses on a contingency fee basis. Please call 312.332.4200

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltmann Law Securities Investment Fraud Attorneys