Judith Dolle Allegedly Recommended Unsuitable Investments

Judith Dolle (CRD #: 826135), a previously registered broker with LPL Financial, is the subject of an investor dispute. This disclosure appears on her BrokerCheck record, accessed on May 6, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On February 8, 2024, an investor alleged that Judith Dolle recommended investments that were unsuitable for their investment objectives and risk tolerance. 

Unsuitable Investments

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals.

Some common violations of this rule include:

• Excessive trading, which violates the need for quantitative suitability. This means that the number of trades must suit an investor’s goals. Excessive trading is also known as “churning.” 
• Recommendations of unsuitable investment strategies. For instance, overconcentration of securities in a certain stock or sector is typically unsuitable due to the degree of risk.
• Recommendations of high-risk or illiquid investments. These investments may lead to high fees for the investor.

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

Background Information 

Judith Dolle 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 24 General Securities Representative Examination 

During her 46 years of experience, Judith Dolle has registered with eight firms: 

• LPL Financial (CRD #: 6413) 
• Securities Service Network (CRD #: 13318) 
• Sagepoint Financial (CRD #: 133763) 
• Professional Asset Securities (CRD #: 13065) 
• Paine Webber Jackson Curtis (CRD #: 8174) 
• Bache Halsey Stuart Shields Incorporated (CRD #: 7471) 
• Paine, Webber, Jackson & Curtis (CRD #: 640) 
• Bache Halsey Stuart (CRD # 7238) 

Kurta Law Can Help 

If you have worked with Judith Dolle 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.