Investors Allege Brandon LeBlanc Purchased Unsuitable Investments

Brandon LeBlanc (CRD #: 4758943, a broker registered with LPL Financial, allegedly chose unsuitable investments for clients, according to his BrokerCheck record, accessed on April 21, 2023. Investors may have also engaged his services through LGR Wealth Solutions. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On March 7, 2023, multiple investors filed a dispute alleging that Brandon LeBlanc purchased unsuitable investments and changed their Model Wealth Portfolio investment objectives without their knowledge or permission. This misconduct allegedly occurred between November 30, 2021, and November 3, 2022.

Investors sought $100,000 in damages, but the dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without an external review. Investors may be able to recover their losses by seeking out FINRA arbitration after a denial.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. An investor’s profile contains information about their age, tax status, and financial goals.

Investors who rely on brokers for investment recommendations can potentially recover their losses by pursuing FINRA arbitration.

Background Information

Brandon LeBlanc has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• 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

Brandon LeBlanc is a registered broker in 16 states and a registered investment adviser in Louisiana, Oklahoma, and Texas.

He has also worked for the following firms:

• Capital One Advisors (CRD#:136865)
• Capital One Investing (CRD#:45744)
• Capital One Financial Advisors (CRD#:127236)
• Capital One Investment Services (CRD#:25658)
• Capital One Investments (CRD#:17526)

Kurta Law Can Help

If you worked with Brandon LeBlanc and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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.