Kevin Scott Kellogg of San Diego California a stockbroker currently employed by Ameriprise Financial Services Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $247,112.52 in damages founded on accusations that (1) fiduciary duties owed to the customer were not abided by (2) unauthorized transactions were placed in the customer’s account (3) the customer’s investment portfolio was churned (4) equity trades executed in the customer’s account were not suitable for the customer and (5) Ameriprise Financial Services Inc. failed to supervise Kellogg’s excessive and inappropriate trading in the customer’s account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-01431 (June 16, 2017).
FINRA Public Disclosure confirms that Kellogg has been identified in two more customer initiated investment related disputes. In particular, on March 30, 2004, a customer filed an investment related complaint involving Kellogg’s activities in which the customer requested unspecified damages based upon allegations that while Kellogg was associated with Banc of America Investment Services Inc., Kellogg inappropriately advised the customer regarding purchases of Federal Home Loan Mortgage Corporation (Freddie Mac) bonds.
Thereafter, on April 11, 2011, a customer filed an investment related complaint regarding Kellogg’s conduct where the customer sought $15,000.00 in damages supported by accusations that while Kellogg was associated with Wells Fargo Investments, LLC, the customer’s wrap account had been negligently administered and the customer’s investment instructions were disregarded.
Kellogg has been registered with Ameriprise Financial Services Inc. since October 22, 2010.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from across the United States. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or a no obligation evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
