Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on April 11, 2018 indicate that Indiana-based Parkland Securities broker/adviser Steven Love is involved in a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Love (CRD# 1209305).
Steven Love has spent 34 years in the securities industry and has been registered with Parkland Securities in Terre Haute, Indiana since 2003. Previous registrations include Alanar Incorporated in Sullivan, Indiana (1994-2003) and Pruco Securities Corporation in Newark, New Jersey (1984-1994). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 26, 2005; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 26, 1984; Series 22 (Direct Participation Programs Representative Examination), which he obtained on November 16, 2004; Series 62 (Corporate Securities Limited Representative Examination), which he obtained on January 17, 1995; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on January 20, 1984.. He is a registered broker and investment adviser with six US states: California, Florida, Georgia, Illinois, Indiana, and Kentucky. He is registered with two self-regulatory organizations (SROs): FINRA and the Nasdaq Stock Market.
According to his BrokerCheck report, he has received one pending customer complaint, one denied customer complaint, and one regulatory sanction, and he was discharged from a former employer in connection to alleged rule violations.
In March 2018 a customer alleged Steven Love, while employed at Parkland Securities, misrepresented material facts, omitted material facts, breached his fiduciary duty, failed to conduct meaningful due diligence, failed in his supervisory duties, and acted negligently in connection to investments in fixed annuity products, variable annuity products, and real estate securities. The customer is seeking between $100,000 and $500,000 in damages in the pending complaint.
In 2004 a customer alleged Steven Love, while employed at Pruco Securities, misrepresented material facts in connection to a variable appreciable life insurance policy. The customer sought unspecified damages in the complaint, which was denied.
In 2003 he was terminated from his position at Alanar Incorporated in connection to allegations of “inappropriate trade activity.”
In 1998 the Virginia State Corporation Commission, Division of Securities sanction him in connection to allegations he unlawfully transacted business in the state as an unregistered agent. He was issued a fine of $1,000.
If you have lost money investing with Steven Love, 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 by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.