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David Kujawa Allegedly Recommended an Unsuitable Investment

David Kujawa (CRD #: 5156115), a broker registered with LPL Financial, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 11, 2024. Keep reading if you have questions. 

Investor Allegations

On May 2, 2024, an investor alleged that David Kujawa recommended an investment that did not suit the investor’s financial objectives and risk tolerance. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status
  • Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

David Kujawa has passed the following exams:

  • Series 65 Uniform Investment Adviser 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 
  • Series 26 – Investment Company Products/Variable Contracts Principal Examination

He is a registered broker in 13 states and is a registered investment adviser in Illinois and Texas. 

David Kujawa has registered with five firms: 

  • LPL Financial (CRD #: 6413) 
  • Highpoint Planning Partners (CRD #: 316636) 
  • Highpoint Planning Partners (CRD #: 163768) 
  • Country Capital Management Company (CRD#: 12060)
  • Country Trust Bank (CRD #: 109487) 

Kurta Law Can Help 

If you have worked with David Kujawa and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.