| Read Time: 2 minutes | Category Name | MML Investors Complaints |

DID SCOTT GROVE CAUSE YOU INVESTMENT LOSSES?

Scott Christopher Grove of MML Investors Services, LLC Has 1 Pending Customer Complaint For Alleged Broker Misconduct

About Scott Grove of MML Investors Services, LLC?

Scott C. Grove (CRD #2813738), based in Newport Beach, California, is currently a registered broker and investment adviser with MML Investors Services, LLC. He has been registered with MML since January 2002 and also serves as an agent with MassMutual Life Insurance Company. Grove is licensed in all 53 U.S. states and territories and is registered with 1 self-regulatory organization (FINRA). His professional licenses include the Series 6, 7, 24, 63, 66, 82, and the Securities Industry Essentials (SIE) exam.

Scott Grove Customer Complaints and Reviews

Mr. Grove has been the subject of 1 pending customer dispute, which has resulted in civil litigation.

Pending Complaint:

  • Firm Involved: MML Investors Services, LLC
  • Date Notice Served: March 11, 2025
  • Allegations: The claimant alleges that in 2018, Grove recommended a complex financial plan involving fraudulent investment schemes and misleading tax benefits, including premium-financed life insurance. Specific investments cited include RX3 Investment Fund, Mobile Home Direct, Calibrate Ventures, and True North Resources.
  • Product Type: Insurance and Alternative Investments
  • Alleged Damages: Not specified (exact damages unclear)
  • Status: Pending Civil Suit
  • Court: Superior Court of California, County of Orange
  • Case Number: 30-2025-01464763-CU-FR-NJC

Scott Grove Red Flags & Your Rights As An Investor

Of course, Scott Grove has not admitted to any of the allegations. But whether a case results in a settlement, arbitration award, or remains pending, the serious accusations of “phony investment schemes” and misuse of premium-financed life insurance policies should prompt all current and former clients of Scott Grove at MML Investors Services to carefully examine their account activity and investment structures. Allegations of this nature often point to deeper concerns about advisor conduct and supervisory oversight, especially when complex or non-traditional products are involved.

File A Claim To Recover Your Investment Losses at MML Investors Services, LLC Due to Scott Grove

If you have questions about MML Investors Services, LLC and/or Scott Grove and the handling of your investments or insurance-based financial plans, please contact Attorney Pearce for a free initial consultation via email or Toll-Free at 1-800-732-2889.

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