Sanders Spangler – Sanders Lane Spangler, Barred from Securities Industry and Discharged from LPL Financial LLC – Goodman & Nekvasil P.A., May Recover Investor Losses
Sanders Spangler was licensed with LPL Financial LLC from 2005 to 2017. Sanders Spangler was discharged from LPL Financial LLC on February 10, 2017. LPL Financial LLC reported to FINRA that Sanders Spangler allegedly exercised discretionary power in customer account(s), in violation of Firm policy.
Sanders Spangler was barred from the securities and investment banking industry on March 26, 2018. FINRA reports that Sanders Spangler consented to the sanction and to the entry of findings that Sanders Spangler refused to appear for on-the-record testimony requested by FINRA in connection with an investigation into potential unauthorized trading in customer accounts.
If you lost any money on investments with Sanders Spangler, you may be able to recover your losses from LPL Financial LLC. This is because LPL Financial LLC had a duty to supervise Sanders Spangler.
If you lost money on investments with Sanders Spangler and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against LPL Financial LLC concerning Sanders Spangler’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.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Sanders Spangler 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.