Kevin Carroll Fired by LPL Financial

GLASTONBURY, CONNECTICUT

Are you a former client of Kevin Carroll, formerly with LPL Financial in Glastonbury, Connecticut? According to FINRA’s BrokerCheck website, Mr. Carroll was terminated by LPL Financial in July 2021, regarding allegations that he made transactions in a customers’ account without written authorization.

FINRA has also brought a regulatory complaint against Kevin Carroll. FINRA alleged that he borrowed $31,170 from a customer without obtaining prior approval from his brokerage firm, and it also alleged that he engaged in unauthorized trading. To settle these allegations, Carroll agreed to a four-month suspension and a $10,000 fine.

Kevin Carroll was a registered representative of LPL Financial from February 2019 to July 2021. He also was affiliated with Wells Fargo and Buell Securities in the last five years. He worked in offices in Glastonbury, Connecticut.

According to FINRA Rule 3240, generally financial advisors cannot borrow money from customers unless the advisor has prior permission from the brokerage firms, and a list of limited exceptions applies to the transaction.

Our investment fraud law firm has sued dozens of different brokerage firms, including LPL Financial. We represent clients in all 50 states including Connecticut.

If you lost money with Kevin Carroll or LPL Financial, please Contact Us at 206-795-5798 for a free evaluation of your case.

Carroll, K. BrokerCheck report can be found HERE. Carroll, K. FINRA AWC can be found HERE.