Last Updated: June 2024 (Huntsville, Alabama)
Lillian Henderson Investigation Summary
Here’s what you need to know about Huntsville, AL, stockbroker Lillian Henderson:
- Name: Lillian Benolia Henderson
- Current Employer: RIA with LGH Wealth Advisors, not currently registered with FINRA
- DBA: LBH Wealth Advisors
- Previous Firms: Merrill Lynch, Edward Jones, Cetera Investment Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Lillian Henderson
- Primary Location: Huntsville, AL
- CRD 5847473
- Can Lillian Henderson be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $600,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Lillian Henderson As Your Stockbroker?
In 4/2024 a customer of Edward Jones filed a FINRA arbitration alleging that Lillian Henderson made misrepresentations and recommended unsuitable investments. Damages of $600,000 are sought in this pending matter.
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against Lillian Henderson
A customer of Lillian Henderson has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Misrepresentation
[LEARN MORE]: The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Our Investigations of Other Edward Jones brokers
If you have suffered investment losses in an account handled by Lillian Henderson, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.