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Gabe Godbold Allegedly Failed to Follow Investor’s Instructions

Dec 16, 2022 Investor Disputes

Gabe Godbold (CRD #: 4782681), a broker registered with LPL Financial, allegedly failed to follow instructions, according to his BrokerCheck record, accessed on December 6, 2022. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On September 20, 2022, an investor filed a dispute alleging that Gabe Godbold failed to follow instructions to move the client’s two accounts to cash, resulting in losses. The client alleged this occurred between April 2022 and the date of filing. This dispute was denied by the firm.

However, investors should know that firms don’t need to permit an outside review before denying a dispute. Investors can still pursue FINRA arbitration after a denial and may be able to recoup their losses.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Gabe Godbold 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

Gabe Godbold is a registered broker in Arkansas, Florida, Mississippi, and Texas. He is also a registered investment adviser in Mississippi and Texas.

He previously worked for Wells Fargo Clearing Services (CRD#:19616) and Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Gabe Godbold 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. 

 

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