Free Consultation | (800) 259-9010 International via WhatsApp: 713-227-2400 (text only)
Broker Fraud Loss Attorneys
Did You Suffer Investment Losses While Working With Former LPL Broker Derek Copeland? Our Broker Fraud Loss Attorneys Are Looking Into Allegations of Selling Way Involving $11M in Outside Investments
Shepherd Smith Edwards and Kantas Broker Fraud Loss Attorneys (investorlawyers.com) are looking into claims of investor losses involving barred LPL Financial stockbroker Derek Lee Copeland. According to the Financial Industry Regulatory Authority (FINRA), the former North Carolina financial advisor allegedly raised almost $11M through 74 transactions involving 19 securities without the knowledge of LPL.
This is an illegal practice known as selling away. He purportedly used unapproved channels when communicating with clients. The self-regulatory organization (SRO) barred Copeland in March 2025.