Sonya D. Camarco, of Colorado Springs, Colorado, a stockbroker formerly registered with LPL Financial LLC, is the subject of a customer initiated investment related written complaint on October 20, 2017, where the customer requested $52,234.20 in damages supported by accusations of fraud, breach of fiduciary duty, and conversion of the customer’s funds.

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Camarco is the subject of four more customer initiated investment related disputes pertaining to allegations of her wrongdoing during the time that she and Camarco Investments, Inc. were charged by Securities and Exchange Commission (SEC) with misappropriating $2,800,000.00 in customer assets. United States Securities and Exchange Commission v. Sonya D. Camarco, et al., Civil Action No. 1:17-cv-02027 (D. Colo. Aug. 23, 2017).

Particularly, on September 26, 2017, a customer filed an investment related written complaint involving Camarco’s conduct, in which the customer sought $5,000.00 in damages based upon accusations of poorly performing, unsuitable stock investments having been effected in the customer’s account. Then, on September 27, 2017, a customer filed an investment related written complaint regarding Camarco’s activities alleging misrepresentation.

On September 28, 2017, another customer filed an investment related written complaint relating to Camarco’s activities, wherein the customer sought at least $5,000.00 in damages based upon accusations of misappropriation. Thereafter, on October 11, 2017, a customer filed an investment related written complaint relating to allegations of Camarco’s theft and fraud.

Camarco was fired from LPL Financial on August 9, 2017, supported by allegations that third party checks from customers had been placed by Camarco in her bank account, where their funds were accessed for Camarco’s personal gain.

Courts and securities arbitration panels, in identical circumstances, have long held brokerage firms such as Bolton Global, responsible for the conduct of their registered representatives in “selling away” cases based upon the broker-dealer’s failure to supervise.

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