Allegations Regarding Rudy Anguiano’s Suspension

FINRA investigated Anguiano regarding allegations that he received $1.7 million from LPL customer accounts between 2023 and 2025.  Anguiano was alleged to have sent the money to an LLC which Anguiano controlled.  The customers did not authorize the transfers to the LLCs.

As such, FINRA barred Anguiano from the securities brokerage industry. 

Background on Rudy Anguiano

Rudy Anguiano was licensed with LPL Financial from April 2022 to December 2025 at a Brea, California office.  Anguiano was previously licensed with a number of other firms going back to 2007.  Anguiano was also fired by LPL Financial.

Can LPL Financial Be Responsible for Anguiano’s Conduct?

Under FINRA Rule 3110, broker-dealers like LPL Financial must reasonably supervise the activity of its advisors.  LPL Financial could be responsible for investor losses if it failed to reasonably supervise him.

Israels & Neuman Helps Investors Recover Losses in California

We represent investors throughout the United States as well as California, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  We have represented numerous investors in California in the past.  If you were a client of Rudy Anguiano and believe your financial advisor acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Anguiano’s BrokerCheck Report
• View Anguiano’s FINRA AWC

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights. We have experience representing California investors and are ready to help you recover what you deserve.

FINRA posts reportable events on a website called BrokerCheck, which discloses events like customer complaints, terminations, and regulatory investigations against licensed financial advisors.  According to BrokerCheck, Johnson was the subject of a customer complaint made in June 2025, alleging losses of $750,000.  The complaint alleged that he recommended purchases of Bed Bath and Beyond shares and energy stocks.

Background on Derek Johnson

Derek Johnson held his securities license through Morgan Stanley since June 2020.  He was assigned to a Brea, California office.  Johnson had been in the industry since 2005.  He was also the subject of a customer complaint made in 2021 that settled for $750,000.

Responsibility for Johnson’s Conduct

Morgan Stanley is a broker-dealer and is required to reasonably supervise the activities of its financial advisors, under FINRA Rule 3110.  Morgan Stanley also has to ensure that investment recommendations are suitable for its customers under Rule 2111.  Violations of these rules could lead to liability for a broker-dealer.

We Represent Investors in California

Our securities arbitration law firm represents investors throughout the country, including in California and the Los Angeles area.  If you were a client of Derek Johnson and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

We always offer Free Consultations. If we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you!

Call us today at (720) 599-3505 or (206) 795-5798

www.israelsneuman.com