Last Updated: February 2025, Columbus, OH
Stephen A. Rogers Investigation Summary
Here’s what you need to know about Columbus, OH stockbroker Stephen A. Rogers:
- Name: Mr. Stephen A. Rogers
- Current Employer: LPL Financial LLC
- Prior Employers: Voya Financial Advisors, Inc., MONY Securities Corporation
- Function: Stockbroker / Financial Advisor
- DBA: Heartland Planning Associates
- Aliases: Stephen Rogers
- Primary Location: Columbus, OH
- CRD#: 4421548
- Can Stephen Rogers be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Pending Customer Dispute Involving Alternative Investments: Damage amount unspecified.
If you’ve sustained damages from Mr. Rogers, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation..
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Did You Lose Money With Stephen Rogers As Your Stockbroker?
A pending customer dispute filed on January 9, 2025, by a customer of VOYA Financial Advisors, alleges that Stephen Rogers recommended unsuitable alternative investments in or around June 2015. The investments in question include real estate securities, business development corporations, and limited partnerships.
The claimant asserts that Rogers misrepresented the risks associated with these investments, and as a result, filed a claim with FINRA Office of Dispute Resolution (Case No. 25-00059). The damages sought are unspecified but exceed $5,000 in compensatory, statutory, and punitive damages, as well as costs.
See this for more information on REITs and Other Alternative Investments
Allegations of Broker Misconduct Against Stephen Rogers
A customer has alleged the following wrongdoing in connection with the handling of investment accounts by Stephen Rogers:
- Unsuitable Investment Recommendations: The 2015 investments Rogers recommended were allegedly inappropriate for the client’s financial profile, resulting in significant financial loss. (Violates FINRA Rule 2111 – Suitability Standard).
- Misrepresentation of Investment Risks: The client claims Rogers failed to fully disclose the true risks associated with the investments, misleading them into believing they were safer than they were. (Violates FINRA Rule 2020 – Use of Manipulative, Deceptive, or Fraudulent Devices).
- Failure to Conduct Due Diligence: The alternative investments Rogers recommended, such as real estate securities and limited partnerships, require thorough due diligence. The pending claim suggests that he failed to properly vet these investments before advising his client. (Violates FINRA Rule 3110 – Supervision).
The Financial Industry Regulatory Authority (FINRA) mandates that brokers disclose customer complaints, disputes, and regulatory sanctions to ensure transparency for investors.
See this for more information on REITs and Other Alternative Investments
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 Stephen A. Rogers, 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.