• November 16, 2023
• Vanderbilt Securities LLC

Ian A Geeves (CRD#: 5328479) is a registered broker and investment advisor at Vanderbilt Securities, LLC in Carlsbad, CA.

Broker’s Background

He entered the securities industry in 2009 and previously worked for LPL Financial LLC; U.S. Bancorp Investments, Inc.; Chase Investment Services Corp.; and Bancwest Investment Services, Inc.

Current Allegations of Conduct Leading to Investment Loss

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in September 2023, Ian Geeves became the subject of a customer dispute where allegations include, “From 2013 to 2023, prospective customer alleges that advisor stole and misappropriated her funds, and represented that she had an LPL account when she did not.” The customer dispute is still pending and the damage amount requested is $400,000.

For a copy of Ian Geeves’ FINRA BrokerCheck, click here.

We Help Investors Recover Investment Losses

FINRA regulations require that a customer’s written authorization is required before a broker-dealer can carry out transactions in the customer’s account. In addition, the broker-dealer’s member firm needs to approve the broker-dealer’s authorization. These measures are intended to protect the customer. Discretionary trading allows the broker-dealer to unilaterally decide to buy or sell securities at any price and not have to check with the client first. Exercising discretion without authorization can be costly to investors, and broker-dealers and their member firms, too.

 

In addition, to the extent a Financial Advisor converts client assets during the course and scope of his employment and/or registration with the brokerage firm, that brokerage firm may be held liable for any attendant losses.

 

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at (800) 931-8452 or by email at mwolper@wolperlawfirm.com.