Elizabeth Liechty is the Subject of a Suitabiltiy Dispute

Elizabeth Liechty (CRD #: 3215809), a broker registered with Lincoln Financial Advisors Corporation, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on May 1, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On March 13, 2024, an investor alleged that Elizabeth Liechty recommended an unsuitable oil and gas investment. Energy investments are often unsuitable due to their high risk. The investor is seeking $63,000. 

There are similar allegations dated February 16, 2024. 

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 

Elizabeth Liechty 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

She is a registered broker in 31 states and D.C. She is a registered investment adviser in Florida, Maryland, and Texas. 

During her 25 years of experience, Elizabeth Liechty has registered with the following firms: 

• Lincoln Financial Advisors Corporation (CRD #: 3978) 
• The Lincoln National Life Insurance Company (CRD #: 2580)

Kurta Law Can Help 

If you have worked with Elizabeth Liechty 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.