Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gina Kidd (Kidd), previously associated with Allstate Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kidd recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $100,000.00 on November 03, 2022.
Customer alleges that she has been wronged by this policy which is not a valid contract due to the way it was sold to her by the representative and an individual (Michael Benjamin Burns) that was not properly registered to sell the policy. Customer states she was told she could increase the value of her existing policy (a fixed universal life policy) very easily and continue to pay the very same amount each month on a new variable universal life policy with zero increase in cost.