ANDREW JEFFREY SOUTHWORTH

ANDREW JEFFREY SOUTHWORTH is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 9300 SHELBYVILLE RD., SUITE 1310, LOUISVILLE, KY, 40222.

ANDREW JEFFREY SOUTHWORTH has worked at LPL FINANCIAL LLC since December 06, 2006

Disclosure History

ANDREW JEFFREY SOUTHWORTH has 1 Disclosure Event(s).

Date: July 25, 2008
Category: Customer Dispute
Allegations: CLIENT ALLEGES THE SALE OF A 2004 VARIABLE ANNUITY WAS NOT APPROPRIATE FOR HIS NEEDS. CLIENT ALLEGES THE APPROPRIATENESS OF THIS ANNUITY WERE NOT MET WITH REGARD TO HIS AGE, ANNUAL INCOME, FINANCIAL SITUATION, INVESTMENT OBJECTIVES, LIQUIDITY NEEDS, EXISTING INVESTMENTS AND LIQUID NET WORTH. CLIENT IS REQUESTING THE FIRM TO REIMBURSE LOSSES, INCLUDING PENALTY PAYMENTS, WHICH WILL BE NECESSITATED BY THE EARLY TERMINATION OF THIS VARIABLE ANNUITY PRODUCT & TRANSFER OF ASSETS INTO A MORE AGE APPROPRIATE RETIREMENT VEHICLE. DAMAGES ARE UNSPECIFIED.
Broker Comment: THE FIRM FOUND NO BASIS TO THE CUSTOMER'S COMPLAINT.

More Information

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