KENT SCOTT LARSON is currently employed as a Broker and/or Investment Adviser at THRIVENT INVESTMENT MANAGEMENT INC. located at 9339 W SUNSET DR, LAS VEGAS, NV, 89148.
KENT SCOTT LARSON has worked at THRIVENT INVESTMENT MANAGEMENT INC. since July 01, 2002
Disclosure History
KENT SCOTT LARSON has 4 Disclosure Event(s).
Date: March 30, 2009 Category: Customer Dispute Allegations: CUSTOMER ALLEGED RR SOLD SECURITIES WITHOUT THEIR KNOWLEDGE AND USED PROCEEDS TO PURCHASE LIFE INSURANCE CONTRACT. Damage Amount Requested: $132,239.54 Settlement Amount: $57,500.00 Broker Comment: RR DENIED ALL ALLEGATIONS OF WRONG DOING. THIS MATTER WAS SETTLED SOLELY TO AVOID THE UNCERTAINTY AND COSTS ASSOCIATED WITH LITIGATION. RR WAS NOT REQUIRED TO CONTRIBUTE TO THE SETTLEMENT AMOUNT.
Date: October 04, 2004 Category: Customer Dispute Allegations: MEMBER CLAIMS SHE WAS NOT MADE AWARE OF TAX IMPLICATIONS OF TAKING EARLY WITHDRAWALS FROM HER VARIABLE ANNUITY TO PAY HER VARIABLE UNIVERSAL LIFE PREMIUMS. NO EVIDENCE OF WRONGDOING FOUND. Damage Amount Requested: $9,800.00
Date: October 27, 2003 Category: Customer Dispute Allegations: CUSTOMER ALLEGED SHE WAS NOT AWARE SHE HAD REPLACED A WHOLE LIFE INSURANCE CONTRACT WITH A VARIABLE UNIVERSAL LIFE CONTRACT. VARIABLE UNIVERSAL LIFE CONTRACT ISSUED 09/18/00. SHE REQUESTED THAT WHOLE LIFE CONTRACT BE REINSTATED AND VARIABLE UNIVERSAL LIFE RESCINDED. DIFFERENCE BETWEEN TOTAL PREMIUMS PAID INTO VARIABLE UNIVERSAL LIFE AND CURRENT SURRENDER VALUE APPROXIMATELY $6500.00 Damage Amount Requested: $6,500.00 Settlement Amount: $5,000.00 Broker Comment: BASED UPON OUR REVIEW, FOUND NO EVIDENCE TO SUPPORT ALLEGATIONS OF WRONGDOING ON PART OF OUR AGENT. DENIED REQUEST TO RESCIND VARIABLE UNIVERSAL LIFE (VUL) CONTRACT AND REINSTATE WHOLE LIFE CONTRACT. HOWEVER DUE TO HOME OFFICE PROCESSING ERRORS DISCOVERED DURING INVESTIGATION, MADE BUSINESS DECISION TO OFFER TO MAKE ONETIME LUMP SUM PAYMENT OF $5000.00 INTO VUL CONTRACT AS GOODWILL GESTURE. CUSTOMER ACCEPTED OFFER.
Date: October 13, 2003 Category: Customer Dispute Allegations: CUSTOMER ALLEGED MISREPRESENTATION OF VARIABLE UNIVERSAL LIFE CONTRACT ISSUED 07/12/00. THE CUSTOMER HAS NOT REQUESTED A SPECIFIC DOLLAR AMOUNT FOR RESTITUTION. HOWEVER, HE HAS REQUESTED A RETURN OF SURRENDER VALUE ALONG WITH A RETURN OF INVESTED MONEY. WE ESTIMATE MARKET LOSS AS APPROXIMATELY $7300.000 Damage Amount Requested: $7,300.00 Broker Comment: BASED UPON OUR REVIEW WE FOUND NO EVIDENCE TO SUPPORT CUSTOMER'S ALLEGATIONS. PROPER DISCLOSURE ON FILE. PENDING FOR POSSIBLE RESPONSE FROM CUSTOMER TO EXPLANATION LETTER SENT 11/06/03 DENYING HIS REQUEST TO BE REIMBURSED FOR MARKET LOSS. NO RESPONSE FROM LETTER RECEIVED.
More Information
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