Keith Owen Flynn of Henderson, Nevada, a stockbroker registered with Ameriprise Financial Services, Inc., is the subject of a customer initiated investment related written complaint on October 18, 2017, where the customer sought $56,849.56 in damages based upon allegations that Flynn sold the customer a variable life insurance policy in January of 2017 without having reasonably detailed the terms and conditions of the policy.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Flynn has been identified in five additional customer initiated investment related disputes pertaining to accusations of Flynn’s improper conduct during the time he was employed with Ameriprise Financial Services, Inc. Particularly, on January 31, 2003, a customer brought an investment related written complaint relating to Flynn’s activities, in which the customer requested $48,440.00 in damages founded on allegations that Flynn sold an inappropriate variable universal life insurance policy and failed to timely terminate the customer’s policy, causing the customer to sustain losses.
Thereafter, on May 4, 2009, a customer initiated investment related written complaint regarding Flynn’s conduct was resolved to settle accusations that Flynn executed mutual fund trades in the customer’s account without the customer’s consent. Subsequently, on February 11, 2009, a customer filed an investment related written complaint in regard to Flynn’s activities, where the customer requested $10,000.00 in damages supported by allegations that Flynn effected the purchase of an annuity that was not suitable for the customer.
Thereafter, on October 3, 2011, a customer filed an investment related written complaint regarding Flynn’s activities, in which the customer sought $40,000.00 in damages based upon accusations that misrepresentations were made to the customer with respect to two variable annuities issued through Riversource. Subsequently, a customer initiated investment related arbitration claim involving Flynn’s conduct was settled for $265,000.00 in damages founded on allegations that unauthorized commissions and fees were extracted from the customer in regard to investment transactions effected in the customer’s account between 2009 and 2015. FINRA Arbitration No. 15-01429 (Nov. 15, 2016).
Flynn’s employment with Ameriprise Financial Services, Inc. was terminated on November 9, 2017.
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