Matthew Clason, Formerly of LPL Financial, Pleads Guilty to Wire Fraud

Clason was previously accused of stealing over $600k from a retired client.

matthew-clason-pleads-guilty-to-wire-fraudMatthew Clason (CRD: 4692266) was registered as a broker with LPL Financial from 2016 until 2020. Clason was discharged from LPL in August 2020 following allegations that Clason maintained a joint bank account with a customer of LPL, engaged in liquidations of securities in the customer’s firm account, transferred the funds to the joint account, and withdrew the funds.

Clason has five other disclosures on his BrokerCheck report.

November 2020 Customer Dispute

October 2020 Customer Dispute

September 2020 Regulatory Judgment

September 2020 Civil Judgment

August 2020 Employment Separation After Allegations

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The Sonn Law Group is currently investigating allegations surrounding Matthew Clason. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.