Conestoga Settlement Trust Fined $30,000 by Idaho Securities Bureau Regarding Kenneth Feyers
The Idaho Securities Bureau recently fined Conestoga Settlement Trust, Conestoga Settlement Services, and Conestoga International $30,000 for selling securities through unlicensed agents in Idaho. Idaho alleged that numerous agents, such as Kenneth Feyers, sold investments in Conestoga, which were purported to be life settlement contracts. Life settlement contracts are securities, so persons who sell such securities must be properly licensed.
Kenneth Feyers is an investment adviser representative affiliated with Safety of Principal Wealth Management from 2007 to the present. He worked at a branch office in Coral Springs, Florida. Feyers has also been the subject of actions by the States of Michigan and Oklahoma.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Seattle, Washington; Vancouver, Washington; and Denver, Colorado. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Idaho and throughout the United States. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Feyers, Kenneth IA Check 8.16.18
Click to view: Conestoga Idaho Complaint
If you lost money with Kenneth Feyers or Conestoga, please CONTACT US at 206-795-5798 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.