GULF BREEZE, FLORIDA
Have you lost money with financial advisor John E. Simmons, Jr. of Gulf Breeze, Florida? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against John Simmons. FINRA barred Simmons after he failed to respond to an investigation. Simmons was being investigated for allegations that he engaged in undisclosed private securities transactions.
John Simmons was a financial advisor and registered representative of LPL Financial from August 2015 to September 2020. He worked at a branch office in Gulf Breeze, Florida. Simmons has also been the subject of one customer complaint and a 2018 bankruptcy.
Brokerage firms like LPL Financial have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Ann Arbor, Michigan; Phoenix, Arizona; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Florida in the past. Attorney David Neuman is licensed to practice law in Florida. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against LPL Financial.