Jeffrey Kennedy, Formerly with Center Street Securities, Subject of Several Complaints
QUINCY, ILLINOIS
Have you lost money while investing with stockbroker Jeffrey Kennedy from Quincy, Illinois? The securities and investment fraud law firm of Israels & Neuman is looking into customer claims made against Jeffrey Kennedy, who has been affiliated with Center Street Securities since July 2014.
Jeffrey Kennedy’s BrokerCheck report reveals that Kennedy has been the subject of four customer complaints since July 2022. Each of the complaints alleges investment losses in “alternative” investments. The sum of the losses alleged in all four complaints totals over $1 million.
Center Street Securities has faced numerous claims for selling investments in GWG, including GWG L Bonds. GWG investments carried significant risk, and GWG Holdings filed for bankruptcy protection in April 2022, which likely means that investors will have suffered significant losses in their GWG investments. If a recommendation to invest in GWG L bonds was unsuitable for a customer, then Kennedy and Center Street Securities could be responsible for any investor losses.
Jeffrey Kennedy worked at an office in Quincy, Illinois. He also operates Kennedy Wealth Group in Quincy.
Israels & Neuman is a securities arbitration law firm and currently represents multiple investors who lost money in GWG L bonds. Our investment fraud law firm represents investors throughout Illinois, and both of our attorneys are licensed to practice law in Illinois.
View Kennedy, j BrokerCheck 11.30.22