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Keith Kelt Of Kovack Securities Inc. Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Keith Kelt of Kovack Securities Inc.?

Keith Kelt

Keith Kelt (CRD #267357) who is currently registered as a broker and investment adviser with Kovack Securities Inc. and located in Santa Barbara, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Kovack Securities Inc., Keith Kelt was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Keith Kelt Customer Complaints

Keith Kelt has been the subject of 4 customer complaints that we know about to recover investment losses. Three of the customer complaints were settled in favor of the investors. There is one customer complaint pending in a FINRA arbitration proceeding against TKG Financial for Keith Kelt’s alleged misconduct.

Allegations Against Keith Kelt

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

  • Unsuitable investment recommendations of equity listed stocks and real estate securities.
  • Unsuitable investment recommendation of Hospitality Investors Trust REIT.
  • Mismanagement of the account.
  • Unsuitability and failure to supervise.

Keith Kelt Red Flags & Your Rights As An Investor

Of course, Keith Kelt 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 Keith Kelt at Kovack Securities Inc. on alert to review carefully the activity and performance of their accounts and question whether Keith Kelt has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Kovack Securities Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Kovack Securities Inc. Due To Keith Kelt

If you have questions about Kovack Securities Inc. and/or Keith Kelt 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.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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