DAVID PAUL JOHNSON is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 111 E 2ND ST, FAIRMONT, MN, 56031.
DAVID PAUL JOHNSON has worked at LPL FINANCIAL LLC since October 26, 2007
Disclosure History
DAVID PAUL JOHNSON has 2 Disclosure Event(s).
Date: September 01, 2005 Category: Criminal Charges: 1) 3 COUNTS OF THEFT; FELONY; NO PLEA; INVESTMENT ADVISORY FEES2) 2 COUNTS OF THEFT BY SWINDLE; FELONY; NO PLEA; INVESTMENT ADVISORY FEES Charge Type: FELONY Disposition: ALL CHARGES WERE DISMISSED BY THE PROSECUTING ATTORNEY ON 4/18/2007. Broker Comment: A FORMER EMPLOYER, NOW A COMPETITOR, CONVINCED A COUNTY ATTORNEY I TOOK ADVISORY FEES THAT I WAS SUPPOSED TO SPLIT WITH THEM. THIS WAS FALSE. I HAD NO AGREEMENT TO SPLIT ANY ADVISORY FEES WITH THEM. THE CHARGES WERE DISMISSED BY THE JUDGE BEFORE A TRIAL AND I WON A VERY LARGE CIVIL SUIT AGIANST THE FORMER EMPLOYER FOR DEFAMATION, EMOTIONAL DISTRESS,ETC. THE COUNTY ATTORNEY WAS PLAYED FOR A SUCKER BY THE FORMER EMPOLYER AND WAS TOLD SO BY THE JUDGE.
Date: August 03, 2003 Category: Employment Separation After Allegations Firm Name: BANK MIDWEST Termination Type: Discharged Allegations: THEFT Broker Comment: **ALL CHARGES WERE DISMISSED BY THE PROSECUTING ATTORNEY ON 4/18/2007.** I WAS A SR 6,7,63 AND 24 LICENSED REP WITH LPL FINANCIAL SERVICES IN A BANK FOR 14 YEARS. BRANCH OFFICE MANAGER. WE NEVER HAD ANY WRITTEN EMPLOYMENT AGREEMENT. OUR VERBAL AGREEMENT WAS TO SPLIT SALEES COMMISIONS ONLLY. I HAD 10 INVESTMENT ADVISORY ACCOUNTS THAT I NEVER AGREED TO AND DID NOT SHARE ANY OF THESE ADVISORY FEES WITH THE BANK. TOTAL AMOUNT OF $15,000.00. THE BANK FIRED ME AND TURNED THIS OVER TO THE COUNTY ATTNY, THEFT CHARGES WERE FILED. I PLEAD NOT GUILTY AND IF IT IS NOT SETTLE BEFORE, IT WILL GO TO TRAIL 10/17/2006. THIS SHOULD BE A CIVIL CASE, NOT CRIMINAL. THIS IS THE SAME EVENT AS REPORTED IN 14 (1)(B)NO CLIENT MONEY WAS EVER IN QUESTION. I HAVE NEVER HAD A CLIENT COMPLAINT. THESE CHARGES ARE FALSE AND WILL BE DROPPED. FORMER EMPLOYEE UPSET I OPENED AN OFFICE ACROSS THE STREET AND 170 CUSTOMERS FOLLOWED ME. THEY DO NOT UNDERSTAND THE INVESTMENT ADVISORY ACCOUNTS.
More Information
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