How To Sue IBN Financial Services for Unsuitable Investments Sold by Broker Donald Lueke

If you or someone you know suffered investment losses because of recommendations by IBN Financial Services broker Donald Lueke, you may be able to recover these losses on a contingency fee basis, which means we only receive money if you recover yours. You may be able to bring a claim against IBN in the Financial Industry Regulatory Authority (FINRA) arbitration forum. Donald Leuke, according to FINRA records on its online forum, BrokerCheck, has been registered within the industry for 20 years, most recently with IBS in Kansas City, Missouri since March 2016. During this time, he has been accused of selling unsuitable investments in fixed annuity products, real estate securities and business development companies. All of these products can be highly risky and illiquid ones, not suitable for every customer. A broker such as Mr. Lueke must take into account every customer’s age, net worth, investment objectives and investment risk tolerance, among other factors, to determine if they are suitable, before recommending or selling any investment. If he does not, his brokerage firm may be liable for losses.
Mr. Lueke was also accused of misrepresenting material facts, and recommending an unsuitable variable annuity product. These are all against securities laws and internal firm rules. Donald Lueke was previously registered with MML Investors Services in Springfield, Massachusetts from February 1997 until October 1999, SII Investments in Appleton, Wisconsin from October 1999 until July 2004, Berthel, Fisher & Company in Kansas City, Missouri from July 2004 until May 2010 and NFP Advisor Services in Kansas City from May 2010 until March 2016. He is currently registered with IBN in Kansas City, and has been since March 2016. He has two customer disputes against him, one of which is currently pending.