Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeremy Crews (Crews), previously associated with Pickwick Capital Partners, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Crews 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 $5,000.00 on May 07, 2021.
Customer completed an application to purchase a fixed annuity contract in May, 2020. A portion of the purchase proceeds were to come from another annuity contract owned by the customer in a 1035 exchange transaction. Customer alleges that representative’s delay in transmitting the instructions to the insurance company allowed the existing annuity contract to renew by it’s terms, permitting contractual surrender penalties when the surrender ultimately took place.