Blueprint Wealth Partners, LLC – State of California Enters into Consent Order | Goodman & Nekvasil P.A. May Recover Investor Losses
According to the State of California:
Blueprint Wealth Partners, LLC is a limited-liability company owned by Cory Burnell. Burnell, as sole principal of Blueprint, managed client investment accounts on a discretionary basis through LPL Financial, LLC and Interactive Brokers Group, LLC. Clients authorized Blueprint and Burnell to use sole discretion in buying and selling investments on their behalf.
The clients were not adequately informed of the risk of their investments, and the types of investments were unsuitable for them in light of their stated investment objectives and risk tolerance. These investments included uncovered option trades, leveraged exchange traded funds (ETFs), and other speculative investments. Blueprint and Burnell also used excessive leverage on the investments. This resulted in clients losing their entire principal and incurring additional losses on the uncovered call and put option trades.
From October to December 2015, five former Blueprint clients filed complaints with the Financial Industry Regulatory Authority (FINRA) about Blueprint and Burnell’s use of excessive leverage and unsuitable investments.
Goodman & Nekvasil, P.A. May Recover Investor Losses
Assuming you lost money on investments in Blueprint Wealth Partners, LLC, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against LPL Financial LLC concerning Cory Burnell’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Goodman & Nekvasil, P.A. has recovered approximately $180 million on behalf of victimized investors. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against LPL Financial LLC.
If you lost money on investments in Blueprint Wealth Partners, LLC and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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