Keith Matthew Smith of Mountain Top Pennsylvania a stockbroker employed by Signator Investors Inc. is the subject of a customer initiated investment related complaint on April 26, 2018 in which the customer requested damages estimated to exceed $5,000.00 supported by allegations of Smith having misrepresented the terms and premiums on life insurance policies sold to the customer while he was employed by Signator Investors.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Smith has been identified in four additional customer initiated investment related disputes containing accusations of Smith’s misconduct when he was associated with Signator Investors. A customer filed an investment related complaint concerning Smith’s activities where the customer sought $7,288.00 in damages founded on allegations of unfounded statements being made to the customer concerning the terms of a life insurance policy.
On August 12, 2015, another customer filed an investment related complaint involving Smith’s conduct in which the customer requested $12,547.14 in damages based upon accusations that the customer had been placed into insurance products which failed to be appropriate for the customer during the time that Smith was associated with Signator Investors. Smith is also referenced in a customer initiated investment related complaint on February 27, 2017 where the customer sought damages estimated to exceed $5,000.00 supported by allegations of misrepresentation. On June 15, 2017, a customer initiated investment related complaint in regard to Smith’s activities was resolved for $14,069.37 in damages founded on accusations that inappropriate investment recommendations had been made to the customer concerning a fixed annuity product.
Smith was discharged by Signator Investors Inc. on April 21, 2017 based upon allegations of Smith altering the records and books of the firm in violation of the firm’s procedures and policies.
