RedFlags, Allegations and Complaints against RICHARD BECK RENNER
Disclosure #1 for RICHARD RENNER
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- eventDate: 2/26/2002
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Settled
- Disclosure Detail :: Allegations: CLIENT ALLEGES SHE WAS NOT TOLD OF THE SURRENDER CHARGES CONNECTED WITH HER $225,000 VARIABLE ANNUITY PURCHASE IN JUNE 2001. DAMAGES UNSPECIFIED BUT BELIEVED TO EXCEED $5,000.00.
- Damage Amount Requested: $6,750.00
- Settlement Amount: $6,750.00
- Arbitration Docket Number:
- Broker Comment: SETTLED FOR $6750 ON 3/27/02. IN ORDER TO AVOID ADDITIONAL TIME, EXPENSE AND UNCERTAINTY CONNECTED WITH THE MATTER AND BECAUSE OF THE MODES SUM AT ISSUE, OUR FIRM WORKED WITH THE ANNUITY COMPANY AND THE CLIENT SO THAT THIS COULD BE RESOLVED BY THE CLIENT AGREEING TO LIQUIDATE HER ANNUITY AT MARKET VALUE, THE ANNUITY COMPANY AGREEING TO PERMIT A FREELOOK AND WAIVER THE SURRENDER FEE WHILE CHARGING THE FIRM AND BROKER BACK WITH THE $6750.00 IN COMMISSIONS ORIGINALLY PAID TO THE FIRM AND THE BROKER. THE CLIENT AGREED TO THIS RESOLUTION ON 3/27/02.
Should I file a FINRA complaint against brokers like RICHARD BECK RENNER?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by RICHARD BECK RENNER’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About RICHARD BECK RENNER
What is RICHARD RENNER’s Central Registration Depository (CRD) Number?
Which firm is RICHARD BECK RENNER associated with?
INVERNESS SECURITIES, LLC
Where is RICHARD RENNER located?
6060 Parkland Blvd, Cleveland, OH, 44124
Where can I find more details about RICHARD RENNER’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/129914 to read a detailed report for INVERNESS SECURITIES, LLC
Are there any disclosures, allegations or complaints filed against RICHARD BECK RENNER?
Where can I download a detailed FINRA report for RICHARD RENNER?
Is it safe to do business with RICHARD BECK RENNER?
We’re not sure. Please research RICHARD RENNER’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:52 am
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