JEFFREY GEORGE KITZBERGER is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 3750 PARK EAST DR, STE 200, BEACHWOOD, OH, 44122.
JEFFREY GEORGE KITZBERGER has worked at LPL FINANCIAL LLC since September 17, 2010
Disclosure History
JEFFREY GEORGE KITZBERGER has 2 Disclosure Event(s).
Date: October 16, 2009 Category: Customer Dispute Allegations: CLIENT ALLGED THAT SECURITIES WERE SOLD AND OTHERS PURCHASED IN HER ACCOUNT WITHOUT HER AUTHORIZATION. MARCH 2009. DAMAGES UNSPECIFIED. Broker Comment: CLAIM DENIED.
Date: November 08, 1994 Category: Customer Dispute Allegations: ERRONEOUS ADVICE WITH RESPECT TO TAXCONSEQUENCES OF INVESTMENT OF REITREMENT FUNDS. SEEKSCOMPENSATORY DAMAGES OF $250,000, PUNITIVE DAMAGES OF$1,000,000; EXPENSES AND COSTS. Damage Amount Requested: $250,000.00 Settlement Amount: $38,465.00 Broker Comment: THE FIRM SETTLED THIS MATTER WITH THE CLAIMANTSFOR $38,465.00 SOLELY FOR BUSINESS CONSIDERATIONS.THE PLAINTIFFS ALLEGED THAT I FAILED TO PROVIDETHEM WITH APPROPRIATE ADVICE CONCERNING THE TAX CONSEQUENCES OFINVESTMENTS THEY DECIDED TO MAKE WITH IRA ROLLOVER FUNDS. THESEALLEGATIONS WERE DENIED AND THE CLAIMS WERE VIGOUROUSLYDEFENDED. HOWEVER, UPON THE ADVICE OF COUNSEL FOR ME AND MYFORMER FIRM, THE CASE WAS SETTLED FOR BUSINESS REASONSINCLUDING THE AVOIDANCE OF THE EXPENSES OF FURTHER PROTRACTEDLITIGATION. THE SETTLEMENT WAS PAID BY MY FORMER FIRM AND NOCONTRIBUTION WAS SOUGHT OR REQUESTED FROM ME.
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