National investment loss lawyers KlaymanToskes is investigating broker Jonathan Upton (CRD# 4559794) of LPL Financial.
According to FINRA BrokerCheck, Jonathan Upton, a Louisville-based LPL Financial advisor, is facing several pending customer complaints alleging $325,000 in collective investor damages in connection with investment recommendations that were unsuitable for the customers’ investment objectives and risk tolerance. One of the complaints allegedly relates to a structured note and variable annuity investment, while the second complaint allegedly relates to REITs and BDCs.
Investors that suffered losses with broker Jonathan Upton 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.
Financial advisor Jonathan Upton is facing multiple investor complaints regarding unsuitable investment recommendations. According to Financial Industry Regulatory Authority (FINRA) records, Upton is registered as a broker with LPL Financial and as an investment advisor with Keystone Financial Group.
FINRA BrokerCheck records disclose an October 2024 complaint alleging unsuitable investments in real estate investment trusts (REITs) and business development corporations (BDCs). The complaint seeks damages of $250,000. A separate December 2023 complaint alleges unsuitable variable annuity and structured note product recommendations during Upton’s time at LPL Financial, with alleged damages of $75,000.
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:
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 Jonathan Upton, or have concerns regarding your investment portfolio at LPL Financial, 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.