BARRY JOHN KRAMER

BARRY JOHN KRAMER is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 6855 E. RIVERSIDE BLVD., ROCKFORD, IL, 61114.

BARRY JOHN KRAMER has worked at LPL FINANCIAL LLC since February 27, 2017

Disclosure History

BARRY JOHN KRAMER has 1 Disclosure Event(s).

Date: December 03, 2008
Category: Customer Dispute
Allegations: THE CLIENTS ALLEGE CERTAIN FEES IN RELATION TO THEIR VARIABLE UNIVERSAL LIFE POLICIES WERE NOT CLEARLY DISCLOSED TO THEM PURCHASE FEBRUARY OF 2004. IN ADDITION, THEY ALLEGE SUBJECTS WITHIN THEIR POLICIES WERE MOVED WITHOUT THEIR KNOWLEDGE NULLIFYING THE THE DEATH BENEFIT.
Damage Amount Requested: $10,689.89
Settlement Amount: $6,018.62
Broker Comment: THE FIRM FOUND THE POLICIES DID NOT APPEAR TO BE SUITABLE INVESTMENTS FOR THE CLIENTS. CLIENTS ACCEPTED OUR OFFER TO REFUND THEIR PREMUIMS LESS THE COST OF INSURANCE.

More Information

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