Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 17, 2018 indicate that Pennsylvania-based MML Investors’ Services broker/adviser Kevin Canfield has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Canfield (CRD# 2286759).
Kevin Canfield has spent 25 years in the securities industry and has been registered with MML Investors’ Services in Moosic, Pennsylvania since March 2017. Previous registrations include MSI Financial Securities in Moosic, Pennsylvania (1992-2017) and Metropolitan Life Insurance Company in Tunkhannock, Pennsylvania (1992-2007). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 30, 1992, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on November 6, 1992. He is a registered broker and investment adviser with eight US states: Florida, Illinois, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.
According to his BrokerCheck report, he has received five customer complaints and one pending customer complaint.
In July 2018 a customer alleged Kevin Canfield, while employed at MSI Financial Services, committed fraud and misrepresented material facts in connection to variable annuity purchases. The customer is seeking $100,001 in damages in the pending complaint.
In 2016 a customer alleged Kevin Canfield, while employed at MSI Financial Services, committed fraud, misrepresented material facts, and violated state securities law in connection to a recommendation to transfer an employer-maintained retirement account into investment accounts. The complaint settled for $36,000.
In 2012 a customer alleged Kevin Canfield, while employed at MetLife Securities, recommended unsuitable investments and excessive distribution amounts. The complaint settled in 2017 for $27,500.
In 2011 a customer alleged he, while employed at MetLife Securities, made unsuitable and unnecessarily risky investments. The complaint settled for $245,000.
In 2005 a customer alleged he, while employed at MetLife Securities, recommended unsuitable securities, churned the account, made misrepresentations of material facts, committed fraud, breached his fiduciary duty, failed in his supervisory duties, and acted negligently. The complaint settled for $80,000.
In 2005 a customer alleged he, while employed at MetLife Securities, misrepresented and omitted material facts, and recommended unsuitable investments and asset allocations. The complaint settled for $70,000.
If you or someone you know has lost money investing with Kevin Canfield, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. 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.