Bill Czaplewski Subject of Suitability Disputes

Bill Czaplewski (CRD #: 2386057), a broker registered with LPL Financial, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on May 21, 2024. Investors may have engaged his services through Lake Ridge Financial. 

Investor Allegations 

On March 19, 2024, an investor alleged that Bill Czaplewski recommended an unsuitable investment for his customer’s investment objectives and risk tolerance.

On July 23, 2018, investors alleged that Bill Czaplewski recommended unsuitable investments. 

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. This rule also prohibits overconcentration, as placing too much of a portfolio in a single sector exposes the investor to unnecessary risk. 

Background Information 

Bill Czaplewski has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He is a registered broker in 21 states and is a registered investment adviser in Wisconsin. 

During his 30 years of experience, Bill Czaplewski has registered with the following firms: 

• LPL Financial (CRD #: 6413) 
• GNA Securities (CRD #: 10465) 
• Aegon USA Securities (CRD #: 13302) 

Kurta Law Can Help 

If you have worked with Bill Czaplewski and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.