Last Updated: May 2025 – Jefferson City, TN
Here’s what you need to know about Jefferson City, TN stockbroker Shannon Dwain Moore:
- Name: Mr. Shannon Dwain Moore
- Current Employer: LPL Financial LLC
- DBA: First Peoples Financial Services; Moore Investment Services
- Prior Employers: UVEST Financial Services Group, Inc.; Pruco Securities Corporation
- Function: Stockbroker / Financial Advisor
- Aliases: Shannon Moore
- Primary Location: Jefferson City, TN
- CRD Number: 2934682
- Can Shannon Moore be sued in FINRA arbitration? Yes
- Pending Customer Dispute Seeks Damages of: $200,000
If you’ve sustained damages from Mr. Moore, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Shannon Moore As Your Stockbroker?
A pending FINRA arbitration case (Case No. 24-01288) filed on June 11, 2024, alleges that Shannon Moore, while registered with LPL Financial LLC, recommended an unsuitable real estate security investment in 2016. The claim seeks damages of $200,000 and is currently unresolved.
This dispute follows a prior customer arbitration (Case No. 24-00611) filed on March 18, 2024, in which the claimant alleged that an investment made in a health care real estate income trust in 2014 was unsuitable. That matter was withdrawn by the customer who apparently did not pursue the matter further.
These allegations may represent potential violations of FINRA Rule 2111, which requires brokers to make recommendations that are suitable based on the investor’s financial needs and risk tolerance.
Allegations of Broker Misconduct Against Shannon Moore
Customers of Shannon Moore have made the following allegations regarding improper handling of investments:
- Unsuitable Real Estate Investments
- Unsuitable Investment in Real Estate Trust
See this for more information on REITs and Other Alternative Investments
In both cases, the claims relate to the suitability of non-traded or illiquid real estate investments, often sold for income diversification but which carry unique liquidity and market risks. These products require full disclosure of risks and are not appropriate for all investors, as emphasized in FINRA’s guidance and Rule 2111.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Shannon Dwain Moore, 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.