Gregg Burrell Allegedly Recommended Unsuitable Investment

Gregg Burrell (CRD #: 1670405), a broker registered with LPL Financial, allegedly made an unsuitable investment recommendation, according to his BrokerCheck record, accessed on August 23, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On July 7, 2025, multiple investors filed a dispute alleging Gregg Burrell recommended an investment in 1999 that was unsuitable given their risk tolerance and investment objectives. The clients seek $160,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must consider the information in the investor’s profile, such as their tax status, age, and risk tolerance when recommending investments.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

Background Information

Gregg Burrell has passed the following exams:

• General Securities Principal Examination – Series 24
• Investment Company Products/Variable Contracts Principal Examination – Series 26
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Securities Agent State Law Examination – Series 63

Gregg Burrell is a registered broker in 21 states and a registered investment adviser in Minnesota and Texas.

He has also worked for the following firms:

• Mutual Service Corporation (CRD#:4806)
• Titan/Value Equities Group (CRD#:6359)
• First Investors Corporation (CRD#:305) 

Kurta Law Can Help

If you worked with Gregg Burrell 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 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.