James Cassa, a broker and investment advisor with LPL Financial LLC, is currently facing serious allegations from customers who claim they suffered unexpected tax liabilities due to his investment recommendations. The case, which is currently pending, involves Cassa’s advice to surrender variable annuities between November 2021 and April 2023. This situation has raised concerns among […]

LPL Financial LLC and financial advisor Cain Kobert are facing a serious allegation from a former client who claims that an investment made in 2014 was unsuitable for their investment objectives and risk tolerance. The customer dispute, which is currently pending, has the potential to significantly impact investors’ trust in the company and the advisor.

In a recent development, a serious allegation has been made against financial advisor Brian Dreier of Cambridge Investment Research, Inc. (CRD 39543) in Illinois. The complaint, filed on March 20, 2024, alleges that Dreier was negligent in recommending illiquid REITs (Real Estate Investment Trusts) for his clients’ retirement portfolios. Additionally, the claimants assert that Dreier