Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Paasch (Paasch), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Paasch recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,133,740.00 on February 15, 2024.
It is alleged that in 2021, the rep didn’t sell and transfer assets as instructed, and later transferred money that had been in the customer’s joint account over to an account held by just one of the joint account holders, contrary to the instructions that had been given, resulting in financial harm.