Charles Evan (CRD#: 836083), formerly a registered representative with MML Investors Services LLC (CRD#: 10409) in Wellesley, Massachusetts, was recently terminated from MML Investors Services LLC and is currently involved in three pending customer disputes, according to his BrokerCheck record accessed on January 17, 2020.
How did this all unfold? On October 28, 2019, MML Investors Services LLC terminated Charles Evan, alleging that he engaged in “inappropriate traditional insurance practices.” MML Investors Services’s public disclosure of this event did not elaborate, but we can reasonably surmise that it had something to do with a customer dispute filed less than one month later, on November 22, 2019. A customer alleged that, starting in 2013, Charles Evan employed unethical sales tactics, omitted information, and denied receiving commissions for selling certain financial products. The dispute is pending.
Other customer disputes are also listed on Charles Evan’s BrokerCheck record. On December 16, 2019, clients filed a complaint against Charles Evan, alleging that he forged a signature on paperwork regarding the transfer of ownership of a term life insurance policy. The matter is pending.
On January 6, 2020, a customer alleged that, beginning in 2013, Charles Evan employed unethical sales tactics, denied receiving commissions for certain investment products, and omitted information to sell financial products. The customer is seeking $154,000 in damages and the matter is pending.
Charles Evan is not currently registered as a broker. Over his 41-year career in the securities industry, Charles Evan worked for the following broker-dealers:
- MML Investors Services (CRD#: 10409)
- MSI Financial Services, Inc. (CRD#: 14251)
- New England Securities (CRD#: 615)
- Manequity, Inc. (CRD#: 5249)
- R. Phelps & Co., Inc. (CRD#: 173)
- PML Securities Company (CRD#: 4082)
- Capital Analysts, Incorporated (CRD#: 5478)
Charles Evan has passed the Series 63 – Uniform Securities Agent State Law Examination, the SIE – Securities Industry Essentials Examination, and the Series 1 – Registered Representative Examination.
If Charles Evan was your broker and you have concerns about your investments, don’t hesitate to contact a securities attorney. Call (877) 238-4175 or email email@example.com for your free case consultation with the securities attorneys of Fitapelli Kurta.