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Jason LaBelle, LPL Financial, Barred from the Securities Industry

Jason LaBelle, LPL Financial, Barred from the Securities Industry, featured by top securities fraud attorneys, The White Law Group

FINRA Bars Boker Jason LaBelle after Allegations of Outside Business Activities

According to the Financial Industry Regulatory Authority (FINRA), the regulator has barred financial advisor Jason LaBelle (CRD #5654529) from the securities industry. On July 6, 2021, in connection with an investigation of LaBelle’s possible violation of a prior regulatory action.

On January 14, 2020 FINRA alleged that LaBelle, while associated with LPL, participated in an outside business activity without having provided prior written notice to his firm. FINRA reportedly suspended LaBelle from associating with any FINRA member firm in all capacities for three months and imposed a $5,000 fine.

Labelle was reportedly affiliated with LPL Financial in Pittsfield MA from 2014 until December 2019. He reportedly has 3 customer complaints filed against him that were denied.

Potential Lawsuits to Recover Financial Losses

The White Law Group is investigating FINRA arbitration cases involving financial advisor Jason Labelle and the liability his former employers may have for failure to properly supervise him.

When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

If you suffered losses investing with Jason Labelle and LPL Financial, the securities attorneys at The White Law Group may be able to help you. Please call 888-637-5510 for a free consultation, or visit us on the web at www.whitesecuritieslaw.com.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois.



Tags: , , , , , , , , , Last modified: July 26, 2021