AMY JO LIMAS

AMY JO LIMAS is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 1333 W MCDERMOTT ST, STE 260, ALLEN, TX, 75013.

AMY JO LIMAS has worked at LPL FINANCIAL LLC since February 03, 2017

Disclosure History

AMY JO LIMAS has 1 Disclosure Event(s).

Date: May 14, 2012
Category: Customer Dispute
Allegations: CLAIMANTS ALLEGE RESPONDENTS SET UP THEIR ACCOUNTS WITH AN INACCURATE RISK TOLERANCE THAT WAS TOO AGGRESSIVE AND UNSUITABLE FOR THEIR SITUATION. CLAIMANTS FURTHER ALLEGETHEY REQUESTED THAT THE ACCOUNTS BE INVESTED MORE CONSEVATIVELY AND RESPONDENTS DID NOT MAKE THE REQUESTED CHANGES. AS A RESULT, CLAIMANTS ALLEGEDLY SUFFERED DAMAGESAND REQUEST $32,000 IN COMPENSATORY DAMAGES AND $7,200 IN PUNITIVE DAMAGES.
Damage Amount Requested: $32,000.00
Settlement Amount: $9,736.60
Broker Comment: THE PARTIES CHOSE TO SETTLE THIS MATTER IN ORDER TO AVOID THE COSTS ASSOCIATED WITHFINRA ARBITRATION.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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