Steven Kibbel Terminated After LPL FINANCIAL LLC Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
Steven Kibbel Terminated After LPL FINANCIAL LLC Allegations.
Kibble allegedly engaged in outside business activity without prior notice and approval by LPL Financial LLC
Steven Jay Kibbel (CRD#: 6800914), a former broker for PL FINANCIAL LLC in Nashville, TN, was terminated. According to LPL FINANCIAL LLC, Kibble engaged in outside business activity without prior notice and approval; and used unapproved messaging platform to transmit business-related communications.
According to FINRA, outside business activities (“OBAs”) present serious risks to investors when they are not properly disclosed, supervised, and approved by a brokerage firm. FINRA rules require registered representatives to notify their firm of any outside business so the firm can determine whether the activity creates conflicts of interest, involves securities transactions, or exposes customers to potential fraud or misuse of funds.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your broker.
Steven Kibbel Terminated After LPL FINANCIAL LLC Allegations
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 1/15/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.