If you have suffered losses investing with Hamden, Connecticut stockbroker Arthur Kelleher III, you may be able to pursue recovery of your loses through FINRA arbitration or securities litigation.
According to a FINRA report, a customer of Arthur Kelleher’s at LPL Financial recently alleged that Arthur Kelleher made unsuitable recommendations of inverse leveraged ETFs from 2009 through 2015. Inverse leveraged ETFs are highly speculative investments which are only suitable for a select number of investors who seek to maximize their gain, while taking on a high degree of risk of loss.
Stockbrokers like Arthur Kelleher III have a regulatory obligation to recommend investments that are suitable for their customers, and to only sell investments that are approved by their firm. In addition, brokerage firms like LPL Financial was registered with have a regulatory duty to strictly supervise stockbrokers. As a result, investors who lost money with Arthur Kelleher may be able to pursue recovery of their investment losses through FINRA arbitration.
If you are an investor that has suffered losses investing with Connecticut stockbroker Arthur Kelleher III, you may be able to pursue recovery of your losses through FINRA arbitration or securities litigation. Please call Kons Law Offices at (312) 757-2272 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.
Kons Law Offices represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentlossattorney.com.