Timothy Trevor Kenska of Rye New York a stockbroker currently registered with Citigroup Global Markets is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $150,000.00 in damages founded on allegations of misrepresentations and omissions by Kenska concerning transactions executed in the customer’s Citigroup Global Markets individual retirement account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-03520 (Dec. 4, 2019). According to the claim, Kenska had effected unsuitable trades in the customer’s account between 2015 and 2019.
Kenska has been referenced in six additional customer initiated investment related disputes concerning accusations of his bad sales practices while employed by Citigroup Global Markets. FINRA Public Disclosure reveals that Kenska is referenced in a customer initiated investment related complaint in which the customer sought more than $5,000.00 in compensatory damages based upon allegations of unauthorized trading and excessive fees on exchange traded funds and mutual funds transactions.
Another customer initiated investment related complaint concerning Kenska’s conduct was settled to resolve accusations that the customer had experienced damages by investing in an investment plan that was touted as very safe. On February 9, 2017, a customer filed an investment related complaint regarding Kenska’s conduct where they requested compensatory damages supported by allegations that unauthorized municipal bond purchases had been made in the customer’s Citigroup Global Markets account. The complaint also alleges that the customer’s instructions were not followed by the stockbroker and that unsuitable trades were executed in their accounts.
On May 8, 2017, an additional customer filed an investment related complaint involving Kenska’s activities in which they sought compensatory damages founded on accusations that the entirety of their account was invested in a risky security despite their low-to-moderate risk tolerance. The stockbroker is also the subject of a customer initiated investment related written complaint which was resolved for $77,388.00 on December 21, 2017 based upon allegations of bad energy-sector equity purchases for the customer’s account. The complaint also alleges breach of fiduciary duty.
On June 11, 2018, another customer initiated investment related FINRA securities arbitration claim involving Kenska’s conduct was settled for $5,700.00 in damages supported by accusations that the customer sustained losses by investing in unsuitable mutual funds through Kenska at Citigroup Global Markets. FINRA Arbitration No. 18-00209.
Kenska has been registered with Citigroup Global Markets as a stockbroker since May 29, 2007 and as an Investment adviser representative since October 12, 2007.