Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Hendrickson (Hendrickson), previously associated with N.i.s. Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hendrickson 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 $5,182.07 on February 09, 2023.
The client submitted complaint on February 9, 2023, alleging that Registered Representative told the clients on November 08, 2021 that there would be no fees charged if they invested $250,000.00 or more into their mutual fund account, so the client set up a new account with $250,000 LOI and sent in purchase of $240,000.00 and was charged 2.5% sales charge. This sales charge was in prospectus. Please see more detail in Complaint filing id 6582425.