MICHAEL ERIC JOHNSON of LPL Financial BARRED – Medford, OR
Michael Eric Johnson, previously with LPL Financial, Barred by FINRA
Have you lost money with financial advisor Michael Eric Johnson of LPL Financial? The law firm of Israels & Neuman is investigating allegations made about Michael Eric Johnson from Medford, Oregon. FINRA (the Financial Industry Regulatory Authority) barred Johnson from the securities industry after Johnson failed to respond to its investigation. FINRA was investigating Johnson after he was listed as a beneficiary of a non-family related client account.
Michael Eric Johnson was a financial advisor and registered representative of LPL Financial from 2004 to January 2019. He was also affiliated with United Planners from January 2019 to June 2019. He worked in a branch office in Medford, Oregon.
Brokerage firms like LPL Financial have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Vancouver, Washington; Denver, Colorado; Seattle, Washington; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including Oregon. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against LPL Financial and United Planners.
Click to view: Johnson, Michael BrokerCheck 8.19.19
Click to view: Johnson, Michael FINRA AWC
If you lost money with Michael Eric Johnson or LPL Financial, please CONTACT US at 720-599-3505 for a free evaluation of your case.