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Broker Misconduct Investigation: David Love (LaSalle St. Securities)

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Updated on: May 18, 2025

National investment loss lawyers KlaymanToskes is investigating barred broker David Love (CRD# 4788074) formerly of LaSalle St. Securities.

According to FINRA BrokerCheck, barred broker David Love is currently involved in a customer complaint alleging $850,000 in damages. The customer alleges that he sent funds to Love from his personal checking account, not connected to LaSalle. The customer alleges that the funds originally came from his securities account at LaSalle.

David Love was barred from association with any Financial Industry Regulatory Authority (“FINRA”) member in all capacities in January 2025, following a suspension by FINRA in September 2024. In May 2024, LaSalle St. Securities terminated Love’s employment following allegations that he violated the Rules of Supervisory procedures for LaSalle St. Securities.

Investors that suffered losses with broker David Love are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Barred Broker David Love Hit With Customer Complaint

Financial advisor David Love, formerly of LaSalle St. Securities is currently involved in a customer dispute, according to Financial Industry Regulatory Authority (“FINRA”) records. The customer complaint alleges $850,000 in damages. The customer alleges he sent funds to Love from the customer’s personal checking account. The funds were allegedly sent to Love’s own personal bank account not connected to LaSalle. The customer claims the funds originally came from his securities account at LaSalle, and further alleges Love was supposed to invest the funds in a venture of which the client claims he has no knowledge. LaSalle St. Securities allegedly believes it may have involved crypto currency assets and trading by Love and the customer with no connection or participation by LaSalle.

Broker David Love was registered with LaSalle St. Securities from September 2021 to May 2024 in Oklahoma City, OK. In September 2024, Love was suspended from acting as a broker by FINRA, and was later permanently barred from acting as a broker by FINRA in January 2025. 

Investment Losses with Broker David Love?

Investment Losses with Broker David Love?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker David Love, or have concerns regarding your investment portfolio at LaSalle St. Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.