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DID JOHN ANTHONY O’KEEFE III CAUSE YOU INVESTMENT LOSSES?

John O’Keefe Formerly With Infinex Investments, MML Investors Services And MSI Financial Services Has 2 Customer Complaints For Alleged Broker Misconduct

Who is John O’Keefe formerly with Infinex Investments?

John O’Keefe (CRD #2220988) who was formerly registered with Infinex Investments and located in Meriden, Connecticut is a subject of one of our many securities industry sales practice abuse investigations. Prior to Infinex Investments, John O’Keefe was associated with MML Investors Services, MSI Financial Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

John O’Keefe has had his own regulatory problems.  In 2014, he was investigated by FINRA and consented, without admitting or denying the allegations and findings, to a 15 day suspension and $5, 000 fine for allegedly recommending non-traditional exchange traded funds (ETF’s) purchase transactions to customers without performing reasonable diligence, understanding the risks and features of the ETF’s, including, the risks associated with the daily, reset and leverage components associated with the securities.  FINRA further found that the recommendations made were unsuitable on a customer specific basis because customers that John O’Keefe recommended the ETF’s had conservative to moderate risk tolerances investment objectives of income and long-term growth.  Where is the ETF’s recommended were only suitable if they were traded within a day.  The ETF investments were not long-term investments and the investors suffered losses as a result of his recommendations.

John O’Keefe Customer Complaints

John O’Keefe has been the subject of 2 customer complaints that we know about. One of John O’Keefe’s 2 customer complaints was settled in favor of investors. One of John O’Keefe’s customers’ complaints was denied and, to date, the customer has not taken any further action.

Allegations Against John O’Keefe

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • The complainant alleged John O’Keefe misrepresented a variable annuity that was sold to the complainant.
  • The customer alleged that John O’Keefe misrepresented and omitted features of his whole life insurance policy in order to solicit a sale of a policy that was unsuitable.

John O’Keefe Red Flags & Your Rights As An Investor

Of course, John O’Keefe did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of John O’Keefe at Infinex Investments, MML Investors Services, and MSI Financial Services on alert to review carefully the activity and performance of their accounts and question whether John O’Keefe has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Infinex Investments, MML Investors Services, and MSI Financial Services also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Infinex Investments Due To John O’Keefe

If you have questions about Infinex Investments, MML Investors Services, MSI Financial Services, and/or John O’Keefe and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce has been a trial attorney for more than 40 years and is the founding partner of The Law Offices of Robert Wayne Pearce. You can learn more about Robert and his accomplishments by clicking here.

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