LPL Financial Fires Advisor John Dougherty

BLUE BELL, PENNSYLVANIA

Have you invested with financial advisor John Dougherty from Blue Bell, Pennsylvania? Our law firm is looking into allegations made against John Dougherty.  John Dougherty was fired by LPL Financial in July 2023, according to his BrokerCheck Report (linked below).

John A. Dougherty held his securities license with LPL Financial from January 2021 to July 2023.  His BrokerCheck report reveals that he was terminated when he “engaged in outside business activity without Firm approval” and “participated in private investments without Firm approval”.  He was also the subject of a customer complaint made in January 2023.  Previously, Dougherty had been licensed with Wells Fargo and Merrill Lynch in Pennsylvania.

Brokerage firms are required to have written supervisory and compliance procedures, under securities rules and regulations.  If the brokerage firm failed to reasonably supervise Dougherty, it may be liable for customer losses.

Our firm has represented numerous investors throughout Pennsylvania and have sued dozens of brokerage firms in the past, including against LPL Financial.

View Dougherty BrokerCheck report Here.

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