Leigh Allen complaints have sparked a major investigation by Haselkorn & Thibaut. Recently the firm began looking into claims against Leigh A. Allen, a broker at LPL Financial LLC.

The probe centers on serious charges of forgery and unauthorized sales. Allen, who joined LPL Financial in 2017 after leaving Wedbush Securities Inc., faces accusations of forging client signatures and making unapproved sales of a variable annuity product on April 18, 2024.

These actions may violate FINRA RULE 2010 on ethical conduct. A customer dispute filed on August 15, 2024, alleges misconduct but does not state a specific amount of damages. Allen, also known as Leigh Delgado and Leigh Entrekin, works under Excell Wealth Partners in Battle Ground, WA.

His CRD Number is 5711971. Despite the serious nature of these claims, FINRA has not yet imposed any sanctions on Allen. The case raises questions about breaches of fiduciary duty in the financial industry.

Victims can seek help from Haselkorn & Thibaut, which offers free consultations and works on a contingent fee basis. The firm has offices in nationwide to help investors. This case is not unique.

Similar probes involve other brokers like Leigh M. Garber and David A. Allen. The story continues to unfold.

Key Takeaways

Table of Contents

Leigh A. Allen, a stockbroker with LPL Financial LLC since 2017, faces allegations of forgery and unauthorized sales of variable annuity products.
A customer filed a dispute on August 15, 2024, claiming Allen forged documents and made unauthorized sales on April 18, 2024.
These actions, if proven true, would violate FINRA Rule 2010 on ethical conduct and breach fiduciary duty.
Bob Rex offers free consultations and legal representation on a contingent fee basis for those affected by stockbroker misconduct.
Investors can call 1-888-885-7162 for a free consultation or visit InvestmentFraudLawyers.com for help.

Summary Details of Leigh A. Allen

Leigh A. Allen works as a stockbroker and financial advisor. She operates under the name Excell Wealth Partners and has ties to LPL Financial LLC.

Current and Previous Employers

Leigh A. Allen has worked for LPL Financial LLC since 2017. Before that, he was employed by Wedbush Securities Inc. from 2009 to 2017. As a stockbroker and financial advisor, Allen offers investment advice and wealth management services to clients.

His role involves helping people make smart choices with their money through careful planning and smart investment picks.

Function and DBA

Leigh A. Allen operates under the DBA name Excell Wealth Partners. This business name hints at the services offered, which likely include financial management and investment planning.

Allen’s function likely covers a range of wealth management tasks such as retirement planning, asset management, and portfolio management.

Financial advice is only as good as the advisor behind it.

Allen may also use aliases like Leigh Delgado or Leigh Entrekin in her professional dealings. These different names could impact how clients or regulators track her activities. The next section will explore Allen’s current and previous employers to provide more context about her career history.

Location and CRD Number

Leigh A. Allen operates from Battle Ground, Washington. This location serves as his primary base for financial advising activities. The Central Registration Depository (CRD) has assigned Allen the number 5711971.

This unique identifier helps track his professional history and any regulatory actions. Financial advisors must register with the CRD to work in the securities industry. The next section will explore Allen’s current and previous employers in more detail.

FINRA Arbitration and Sanctions

Moving from Leigh Allen’s location and CRD number, we now turn to FINRA arbitration and sanctions. FINRA offers a dispute resolution process for investors who have complaints against brokers.

This system allows clients to seek compensation for losses due to broker misconduct. Investors can file claims through FINRA’s arbitration program if they believe their broker acted wrongly.

FINRA also has the power to sanction brokers for rule violations. These sanctions may include fines, suspensions, or even bans from the industry. In Leigh Allen’s case, there are no current FINRA sanctions on record.

Still, investors can use FINRA arbitration to address any disputes they may have with Allen or his firm. This process provides a faster and often less costly option than going to court.

Pending Customer Dispute

A customer filed a dispute against Leigh A. Allen on August 15, 2024. The claim alleges forgery and unauthorized sales of a variable annuity product. These actions reportedly took place on April 18, 2024.

The case is still pending, and no final decision has been made yet.

Such disputes often involve claims of sales misconduct or unauthorized transactions. In this case, the customer claims Allen forged documents and sold annuity products without approval.

These serious charges could lead to sanctions if proven true. The outcome of this dispute may affect Allen’s career and standing in the financial industry.

Allegations Against Leigh A. Allen

Leigh A. Allen faces serious claims of wrongdoing. These include forgery and selling without approval.

Forgery

Forgery claims against Leigh A. Allen have surfaced in a pending customer dispute. Filed on August 15, 2024, the complaint alleges Allen falsified documents. This act of forgery links to unauthorized sales of variable annuity products.

The reported date of this misconduct is April 18, 2024. Such actions breach ethical standards and may violate FINRA rules on proper conduct for financial professionals.

Unauthorized Sales

Moving from forgery claims, another serious issue involves unauthorized sales. Leigh A. Allen faces accusations of selling financial products without client approval. These claims stem from a pending customer dispute filed on August 15, 2024.

The allegations suggest Allen may have broken rules about getting proper consent before making trades or sales.

Unauthorized sales are a big problem in finance. They can hurt clients and break industry rules. If true, these claims could show Allen ignored his duty to put clients first. Such actions might violate FINRA rules on ethical conduct and fair dealing.

Clients trust their brokers to act in their best interests, not make trades without permission.

Relevant FINRA Rules and Ethical Conduct

FINRA Rule 2010 establishes clear standards for ethical conduct in the securities industry. This rule requires brokers to follow high standards of commercial honor and just and fair trade practices.

Leigh A. Allen’s alleged actions of forgery and unauthorized sales may violate this key rule. Such actions breach the trust clients place in their brokers and go against the core values of the financial industry.

Brokers have a fiduciary duty to act in their clients’ best interests. This duty forms the foundation of ethical conduct in finance. The claims against Allen suggest serious breaches of this responsibility.

If proven true, these actions would not only break FINRA rules but also damage the integrity of the broker-client relationship. Proper ethical conduct is essential to maintain trust in the financial markets and protect investors.

Breaches of Fiduciary Responsibility

Leigh A. Allen faces serious claims of breaching fiduciary duty. These claims suggest he failed to act in his clients’ best interests. The allegations point to misuse of funds and betrayal of trust.

Such actions, if true, show a clear disregard for ethical standards in finance.

Fiduciary breaches can lead to major losses for investors. In this case, the damages are said to top $5,000. This sum hints at the scale of potential wrongdoing. Forgery and unauthorized sales form the core of these claims.

These acts, if proven, would mark grave violations of the rules that govern financial advisors.

Legal Representation and Consultation

Legal help is key when facing stockbroker issues. Haselkorn & Thibaut offer free consultations and work on a pay-if-you-win basis. Read on to learn more about getting help with your case.

Clients only owe legal fees if they recover money from their claim. This setup allows more people to get legal help, even if they can’t afford lawyer fees right away. It aligns the interests of the client and attorney, as both benefit from a successful outcome.

Contact Information

Need help with Leigh Allen complaints? Call our toll-free number at 1-888-885-7162 . This line connects you to expert support for issues related to forgery or unauthorized sales. Our team stands ready to assist with your concerns about stockbroker conduct.

Our phone service provides easy access to legal guidance. You can reach us from anywhere in the U.S. without long-distance charges. Our staff will listen to your situation and offer clear next steps.

Don’t hesitate to call if you have questions about broker misconduct or your rights as an investor.

Conclusion

Leigh Allen faces serious claims of forgery and unauthorized sales. These charges point to major breaches of trust and ethical rules. Investors should stay alert and know their rights when dealing with financial advisors.

Legal help exists for those who suspect wrongdoing by their broker. Taking action can protect your money and hold bad actors accountable. Don’t hesitate to seek expert advice if you have concerns about your investments.

Disclaimer: The information contained in any post on this website is derived from publicly available sources and is not guaranteed as to accuracy and often involves allegations which may or may not be proven at some point in the future.  All posts are believed to be accurate as of the time of original posting, but the accuracy and details are subject to and expected to change over time and which may contain opinions of the author at the time posted. 

Uncovering Leigh Allen Complaints: Allegations Of Forgery And Unauthorized Sales