Buddy Mason Complaints | LPL Financial Selling Away Claims Settled
The White Law Group is investigating complaints involving Buddy Dean Mason (CRD# 1721391), a former LPL Financial broker in Lakeland, Florida. Here is what is on his record and what your options may be.
According to FINRA BrokerCheck, Buddy Mason reportedly settled two customer complaints alleging he presented investors with an investment opportunity away from his firm that resulted in losses. If you invested with Mason and lost money, our FINRA arbitration attorneys can review your situation for free.
Buddy Mason Complaints: Two Selling Away Claims Settled
Mason’s BrokerCheck record lists two customer disputes. Both allege that he presented an investment opportunity away from the firm and that the investment lost money.
- December 29, 2025: The customer requested $175,000 in damages. The dispute settled for $129,500.
- May 26, 2026: The customer requested $100,000 in damages. The dispute settled for $10,000.
The two settlements total $139,500. A settlement is not an admission of wrongdoing. BrokerCheck does not name the investments involved.
Buddy Dean Mason’s Registration History
Mason has about 10 years of registered experience across three firms. He is not currently registered with any FINRA member firm or as an investment adviser.
- LPL Financial LLC, Lakeland, FL: August 2019 to January 2026
- Allen & Company of Florida, LLC, Lakeland, FL: January 2018 to December 2019
- First American National Securities, Inc., Duluth, GA: November 1987 to December 1989
The first complaint was reported while Mason was registered with LPL Financial. His LPL registration ended about a month later. His record also lists three civil judgments or liens from 2010 to 2012 totaling about $10,148.
Recovering Losses Tied to Buddy Mason
Investors who bought an outside investment through Mason while he was registered with LPL Financial may be able to recover their losses through FINRA arbitration. A claim can name the brokerage firm as well as the broker. Firms must supervise their brokers, including watching for signs that a broker is selling investments outside the firm.
Contact The White Law Group
The White Law Group is a national securities fraud law firm with offices in Chicago and Seattle. If you invested with Buddy Dean Mason and suffered losses, call (888) 637-5510 or contact us online for a free consultation. Learn more about the process on our FINRA arbitration attorney page.
Frequently Asked Questions
1. How do I file a claim to recover money I invested with Buddy Mason?
Most investors pursue recovery through FINRA arbitration, not a court lawsuit. Most brokerage account agreements typically contain a pre-dispute arbitration clause, which many retail investors don’t know about. FINRA arbitration can still result in a monetary award, and an attorney can tell you whether you have a claim.
2. What is “selling away,” and why does it matter for my investment?
Selling away is when a broker sells an investment that his firm has not approved and is not processing. These investments skip the firm’s due diligence and suitability review. That makes them riskier and often harder to sell or value.
3. Can LPL Financial be responsible for my losses if it didn’t know about the investment?
Yes, it can. Brokerage firms must reasonably supervise their brokers, including watching for outside business activity and other warning signs. If LPL should have spotted the problem, it may be liable for failing to supervise.
