Peter Kyle Janssen of New York New York a stockbroker formerly registered with Katalyst Securities LLC is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $50,000.00 in damages based upon allegations that the customer invested in a unsuitable private placement because of Janssen in December of 2017 while Janssen was associated with Katalyst Securities. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-03372 (June 29, 2020). According to the claim, the customer invested in Mega Blockchain which resulted in damages.
This is not the first time that Janssen has been accused of misconduct by a customer of a securities broker dealer. FINRA Public Disclosure shows that a customer initiated investment related FINRA securities arbitration claim concerning Janssen’s conduct was resolved for $30,000.00 in damages founded on accusations that the customer experienced losses on an inappropriate investment in Mega Blockchain. FINRA Arbitration No. 19-03367 (June 19, 2020).
Janssen’s registration with Katalyst Securities has been terminated as of May 26, 2020. He has been associated with Janssen Partners since July 14, 2020.