INVESTOR WARNING!  Kevin M. Reed from Fort Wayne, Indiana

Have you lost money with financial advisor Kevin M. Reed of Fort Wayne, Indiana?  We are investigating allegations made by the Oklahoma Securities Commission, against Kevin Mark Reed. Oklahoma seeks to bar Reed from the securities industry regarding allegations that he altered customer documents.

According to the allegations made by the Oklahoma Securities Commission, Kevin Reed cut a customer’s signature off of a document and taped it onto another form that authorized a deposit an IRA rollover contribution.  Reed was also alleged to have altered a customer’s net worth on a form in order for the customer to qualify to invest in a structured product.  He was alleged to have altered two other customer documents.  Reed was terminated by his brokerage firm, Fifth Third Securities, because of this conduct.

Kevin Reed was a financial advisor and registered representative of Fifth Third Securities from May 2010 to July 2016.  He currently is affiliated with Packerland Brokerage Services from August 2016 to the present.  He worked at a branch office in Fort Wayne, Indiana.  Reed has two customer complaints on his BrokerCheck report.

Brokerage firms like Fifth Third Securities have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Ann Arbor, Chicago, Vancouver, and the Seattle area.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Oklahoma, such as victims of the Larry Dearman fraud. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view:  Reed, Kevin OK Complaint

Click to view:  Reed, Kevin BrokerCheck 11.11.16

HAVE YOU LOST MONEY WITH KEVIN M. REED OR FIFTH THIRD SECURITIES?

             CONTACT ISRAELS & NEUMAN, PLC FOR A FREE CASE EVALUATION

             Aaron Israels: (720) 599-3505

             David Neuman: (206) 795-5798

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