Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 30, 2018 indicate that California- and Nevada-based Principal Securities broker/adviser Mark Foster has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Foster (CRD# 2343298).
Mark Foster has spent 24 years in the securities industry and has been registered with Principal Securities in Incline Village, Nevada and Walnut Creek, California since 1994. He was previously registered with Pruco Securities Corporation in Newark, New Jersey (1993-1994). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 4, 2007; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 16, 1993; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on July 19, 1993. He is a registered broker and investment adviser with 26 US states and territories.
According to his BrokerCheck report, he has received two customer complaints, one denied customer complaint, and one pending customer complaint.
In May 2018 a customer alleged Mark Foster, while employed at Principal Securities, recommended unsuitable annuity sales. The customer is seeking more than $38,800 in damages in the pending complaint.
In March 2018 a customer alleged Mark Foster, while employed at Principal Securities, misrepresented material facts related to a variable annuity. The customer sought unspecified damages in the complaint, which was denied.
In 2014 a customer alleged Mark Foster, while employed at Princor Financial Services Corporation, misrepresented fees and investments associated with a 401(k) plan. The complaint settled with a waiver of the interest on a loan taken on the account.
In 2012 a customer alleged he, while employed at Princor Financial Services Corporation, recommended an unsuitable investment. The complaint settled for more than $8,800.
If you have lost money investing with Mark Foster, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.