Kevin L. Peters, of Melville, New York, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Peters made the unsuitable investment recommendations of real estate securities during the time that Peters was associated with Equitable Advisors LLC. FINRA Arbitration No. 23-03300 (November 21, 2023).
This is not the first time that Peters has been referenced in a customer initiated investment related dispute concerning Peter’s conduct in the securities industry. FINRA Public Disclosure additionally shows that on December 1, 2014, a customer filed an investment related complaint involving Peter’s conduct in which the customer requested compensatory damages based upon allegations that Peters did not reasonably advise the customer about distributions of annuities, including tax consequences associated with them, during the time that he was associated with AXA Advisors LLC. This complaint was denied.
Peters has been associated with Equitable Advisors LLC in Melville, New York, since June 1, 2005.
