DID KEVIN G ROBERTS CAUSE YOU INVESTMENT LOSSES?
Kevin Roberts of Bankers Life Securities And Formerly With ProEquities Has A Customer Complaint For Alleged Broker Misconduct
Who is Kevin Roberts of Bankers Life Securities?
Kevin Roberts (CRD #1099526) who is currently registered with Bankers Life Securities and located in Danbury, Connecticut is a subject of one of our many securities industry sales practice abuse investigations. Prior to Bankers Life Securities, Kevin Roberts was associated with ProEquities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Kevin Roberts Customer Complaint
Kevin Roberts has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were in a written complaint addressed to Bankers Life and Casualty Company (BLC), an insurance company affiliate of the Firm. The customer alleged that his registered representative assured him that if he purchased an annuity with BLC it would cover the costs in the event he went into the hospital. Customer stated that based on this representation, he purchased a Guaranteed Lifetime Income Annuity (GLIA) from BLC in October of 2019. After being admitted to the hospital and later finding out that BLC would not cover his medical bills, customer asked to have the annuity canceled and the surrender charge to be waived. BLC determined that the annuity was a suitable investment, customer was informed of their surrender schedule, and the request to cancel the annuities came outside of the “free-look” period. Kevin Roberts’ customer complaint was recently denied and, to date, the customers has not taken any further action.
Kevin Roberts Red Flags & Your Rights As An Investor
Of course, Kevin Roberts 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 Kevin Roberts at Bankers Life Securities and ProEquities on alert to review carefully the activity and performance of their accounts and question whether Kevin Roberts has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Bankers Life Securities and ProEquities 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.
File A Claim To Recover Your Investment Losses At Bankers Life Securities and ProEquities Due To Kevin Roberts
If you have questions about Bankers Life Securities, ProEquities, and/or Kevin Roberts 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.