MICHAEL BROCK RICHTER is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 140 WEST HUFFAKER LANE, STE 510, RENO, NV, 89511.
MICHAEL BROCK RICHTER has worked at LPL FINANCIAL LLC since February 11, 2011
Disclosure History
MICHAEL BROCK RICHTER has 2 Disclosure Event(s).
Date: September 04, 2008 Category: Customer Dispute Allegations: ALLEGES MISREPRESENTATION, FRAUD AND UNSUITABLE INVESTMENTS Damage Amount Requested: $5,000.00 Broker Comment: [CUSTOMER] IS NOT A CLIENT/CUSTOMER. UNABLE TO DETERMINE THE EXACT DAMAGE AMOUNT.
Date: August 12, 2008 Category: Customer Dispute Allegations: ALLEGE UNSUITABLE INVESTMENTS. IN 8/05 [CUSTOMER] WENT TO DON RICHTER FOR INVESTMENT OPTIONS AND WAS SEEKING EXTREMELY HIGH INCOME RETURN FROM INVESTMENT AMOUNT. THAT HIGH INCOME WAS NOT POSSIBLE AND DON RICHTER MENTIONED USA CAPITAL. CLIENT INVESTED WITH USA AND BANKRUPTCY FOLLOWED. Damage Amount Requested: $250,000.00 Settlement Amount: $175,000.00 Broker Comment: THE BANKRUPTCY OF USA CAPITAL AND THE INVESTMENT IN USA CAPITAL WAS A DECISION INDEPENDENT OF MYSELF AND MY COMPANY. NO AGREEMENTS OR COMPENSATION OCCURED FROM THIS INVESTMENT.
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