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Ketan Patel Of Allstate Financial Services, LLC Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Ketan Patel of Allstate Financial Services, LLC?

Ketan Patel

Ketan Patel (CRD #2753742) who is currently registered with Allstate Financial Services, LLC and located in Los Ranchos, New Mexico, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Allstate Financial Services, LLC, Ketan Patel was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Ketan Patel Customer Complaints

Ketan Patel has been the subject of 3 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by Allstate Financial Services and Metlife in favor of the investors. The other customer complaint was denied and to date, the customer has not taken any further action.

Allegations Against Ketan Patel

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

  • Variable Annuity Contract performance issue.
  • Failure to disclose nature of switch of Whole Life Insurance policy to a Variable Life Insurance Policy.
  • Failure to disclose sales charges, surrender charges, and other fees and expenses.

Ketan Patel Red Flags & Your Rights As An Investor

Of course, Ketan Patel 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 Ketan Patel at Allstate Financial Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Ketan Patel has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Allstate Financial Services, LLC 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?

best investment fraud lawyers

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 Allstate Financial Services, LLC Due To Ketan Patel

If you have questions about Allstate Financial Services, LLC and/or Ketan Patel 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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