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Maureen Sloan, who is an heiress to the Knott’s Berry Farm theme park, has filed a claim against LPL Financial claiming one of its brokers lost $8.5 million with a fraudulent investment and with inappropriate trading of preferred stock, reports InvestmentNews.

Sloan is the granddaughter of the Walter Knott, who founded the Buena Park, California-based amusement park.

Read the full article from InvestmentNews here.

LPL Financial


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Last modified on Sunday, 19 May 2013
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