Kathy Ann Borkovec (also known as Kathy Ann Berry and Kathy Ann Wallenfang), of Northbrook, Illinois, a stockbroker registered with Charles Schwab Co. Inc., is the subject of a customer initiated investment related complaint filed on November 8, 2023, in which the customer requested compensatory damages based upon the alleged forgery of the customer’s signature on both beneficiary documents and a power of attorney during the time that Borkovec was associated with Charles Schwab Co. Inc. The securities broker dealer denied this complaint.
This is not the first time that Borkovec was involved in a dispute concerning Borkovec’s conduct while associated with securities broker dealers. According to FINRA Public Disclosure, on September 21, 2005, a customer initiated investment related FINRA securities arbitration claim involving Borkovec’s conduct was settled for $24,999.00 in damages based upon allegations that Borkovec provided unsuitable recommendations to the customer and made misrepresentations of material fact when Borkovec was associated with Fifth Third Securities Inc. FINRA Arbitration No. 04-02503.
Borkovec has been associated with Charles Schwab Co. Inc. in Northbrook, Illinois since January 9, 2006.
