<![CDATA[Hawaii - Israels & Neuman, PLC]]> https://www.israelsneuman.com/blog/tags/hawaii/ Fri, 07 Nov 2025 16:55:48 GMT en-us <![CDATA[Marshall Lum Terminated by LPL Financial]]> https://www.israelsneuman.com/blog/marshall-lum-terminated-by-lpl-financial/ https://www.israelsneuman.com/blog/marshall-lum-terminated-by-lpl-financial/ Fri, 07 Nov 2025 16:54:55 GMT Israels & Neuman is reviewing claims against Marshall Lum, who formerly was a representative with LPL Financial in Honolulu, Hawaii.  LPL Financial terminated Marshall Lum in September 2025. Allegations Regarding the Termination Lum was fired by LPL Financial regarding allegations that he “Accepted instructions and orders for a custodial account without proper authorization; used unapproved…

]]> Israels & Neuman is reviewing claims against Marshall Lum, who formerly was a representative with LPL Financial in Honolulu, Hawaii.  LPL Financial terminated Marshall Lum in September 2025.

Allegations Regarding the Termination

Lum was fired by LPL Financial regarding allegations that he “Accepted instructions and orders for a custodial account without proper authorization; used unapproved messaging application to transmit business-related communications, including nonpublic customer information and trade instructions”.  Firms like LPL Financial are required to file a form (called a Form U-5) with regulators that explains why the advisor was fired. 

Background on Marshall Lum

Marshall Lum was licensed with LPL Financial from January 2012 to September 2025.  He previously worked with Allstate Financial.  He has also been affiliated with a number of other entities, including High Tech Lending (as a mortgage loan originator), LTCi Partners and Crump Life Insurance, and Mortgage Hawaii LLC

Is LPL Financial Potentially Liable for Customer Losses?

FINRA standards provide that brokerage firms like LPL Financial must reasonably supervise the activities of their financial advisors.   Firms that fail to do so could be responsible for investor losses. 

We Help Investors in Hawaii

We represent investors throughout the United States as well as Hawaii, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. If you were a client of Marshall Lum and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

Contact Us for a Free Case Evaluation

Our FINRA Arbitration cases are taken on a contingency fee basis, meaning you don’t pay unless we successfully recover losses for you!

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

]]> <![CDATA[Lyle Uyeda Fired by Planmember Securities for “Borrowing” Money]]> https://www.israelsneuman.com/blog/lyle-uyeda-fired-by-planmember-securities-for-borrowing-money/ https://www.israelsneuman.com/blog/lyle-uyeda-fired-by-planmember-securities-for-borrowing-money/ Wed, 20 Aug 2025 16:52:05 GMT Are you a client of Lyle Uyeda, formerly at Planmember Securities? We are investigating claims involving Lyle Uyeda, who was a representative of Planmember Securities and worked in a Mililani, Hawaii office.  Mr. Uyeda was discharged by Planmember Securities in May 2025. Allegations Regarding Firing Lyle Uyeda Disclosures about Uyeda’s termination are available on FINRA’s…

]]> Are you a client of Lyle Uyeda, formerly at Planmember Securities? We are investigating claims involving Lyle Uyeda, who was a representative of Planmember Securities and worked in a Mililani, Hawaii office.  Mr. Uyeda was discharged by Planmember Securities in May 2025.

Allegations Regarding Firing Lyle Uyeda

Disclosures about Uyeda’s termination are available on FINRA’s BrokerCheck.  According to a BrokerCheck disclosure, Uyeda was “engaged in a series of personal loans totaling approximately $1.45 million from a client. The Firm was not consulted or notified prior to Mr. Uyeda entering into these arrangements. The Firm first became aware of these transactions when Mr. Uyeda informed his supervisor on April 12, 2025”. 

Generally under FINRA rules, financial advisors cannot borrow money from clients, with limited exceptions.  Moreover, advisors must get approval from their firm before entering into any loans that fall under those exceptions.

About Lyle Uyeda

Lyle Uyeda was licensed with Planmember Securities from 2011 to May 2025 at a Mililani, Hawaii office.  Uyeda was also with Chinen and Arinaga Financial Group. 

Is Planmember Securities Liable for Customer Losses?

According to FINRA Rule 3110, securities broker-dealers like Planmember Securities must sufficiently supervise the activity of its advisors.  Planmember Securities could be liable if it failed to reasonably supervise him, considering factors such as the numerous customer complaints made against him.

We Help Investors in Hawaii

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

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 Hawaii investors and are ready to help you recover what you deserve.

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