LaSalle Street Securities Fires Advisor David Love
OKLAHOMA CITY, OK Were you a client of financial advisor David Love from Oklahoma City, Oklahoma? Our securities arbitration law firm is looking into allegations made against this advisor. He was fired by LaSalle Street Securities in May 2024 regarding allegations that he violated the “rules of supervisory procedures” for LaSalle Street Securities.
That triggered an investigation by FINRA. After Mr. Love failed to respond to FINRA’s investigation, he has since been indefinitely suspended from the securities industry. Then in October 2024, He was the subject of a customer complaint, alleging that the customer sent money to Love that was supposed to be used to invest in a crypto trading strategy. The customer seeks $850,000 in damages.
David Jerry Love had been with LaSalle Street Securities from September 2021 to May 2024. He worked in an Oklahoma City, Oklahoma branch office. He had also been the subject of three prior customer complaints from 2009 to 2011.
LaSalle Street Securities must have written supervisory and compliance procedures, under securities rules and regulations, to monitor their advisors’ conduct. If they failed to reasonably supervise their advisor, the firm may be liable for customer losses.
You can find a copy of David Love’s BrokerCheck report here.