Dec 3, 2023 | By Robert Pearce | Read Time: < 1 minute | Ameriprise Financial Services Complaints|News & Articles |

DID KEVIN DOUGLAS HOUSER CAUSE YOU INVESTMENT LOSSES?

Kevin Houser Of Ameriprise Financial Services, LLC Has 6 Customer Complaints For Alleged Broker Misconduct

Kevin Houser Customer Complaints

Kevin Houser has been the subject of 6 customer complaints that we know about to recover investment losses. Three of the customer complaints were settled by LPL Financial in favor of the investors. The brokerage firm denied another customer complaint in the investor took no further action. There are currently two FINRA arbitration proceedings filed against Kevin Houser’s current and former employers for his alleged misconduct that are still pending.

Allegations Against Kevin Houser

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

  • Unsuitable recommendations of variable annuity contracts and business development company investments.
  • Misrepresentations related to business development company and variable annuity contract.
  • Recommendations and consistent with customers conservative investment profile.
  • Misleading recommendations of business development company and variable annuities.
  • Recommendations of unsuitable, speculative, high-risk investments involving REITs and BDC’s.

Kevin Houser Red Flags & Your Rights As An Investor

Of course, Kevin Houser 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 Houser at Ameriprise Financial Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Kevin Houser has engaged in any stockbroker misconduct that may have caused them investment losses. Author Photo

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 $125 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.