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Eric Demarcus Has Received a Customer Complaint

Eric Demarcus Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on December 4, 2016 indicate that California-based LPL Financial broker/adviser Eric Demarcus has been the subject of a customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Demarcus (CRD# 4471557).

Eric Demarcus has spent eleven years in the securities industry has been registered with LPL Financial in Los Gatos, California since September 2016. Previous registrations include Wells Fargo Advisors in Sunnyvale, California; Merrill Lynch in San Jose, California; Banc of America Investment Services in Mountain View, California; Morgan Stanley & Company in San Jose, California; Morgan Stanley DW in San Jose, California; American Express Financial Advisors in Minneapolis, Minnesota; and IDS Life Insurance Company in Minneapolis, Minnesota. He is a registered broker and investment adviser with California and Oregon.

According to his BrokerCheck report, Eric Demarcus has received one customer complaint and two denied customer complaints.

In 2015 a customer alleged Eric Demarcus, while employed at Wells Fargo Advisors, recommended investments that lost money. The customer sought unspecified damages in the complaint, which was denied.

In 2013 a customer alleged Eric Demarcus, while employed at Wells Fargo Advisors, recommended an unsuitable investment, misrepresented material facts, and committed elder abuse. The complaint settled for more than $19,800.

In 2009 a customer alleged Eric Demarcus, while employed at Banc of America Investment Services, executed unauthorized trades. The customer sought $150,000 in damages in the complaint, which was denied.

If you or someone you know has complaints regarding Eric Demarcus, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: Fitapelli Kurta only receives payment if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.

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