MARVEL TYRONE MORGAN

MARVEL TYRONE MORGAN is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 200 112TH AVE NE STE 205, BELLEVUE, WA, 98004-5812.

MARVEL TYRONE MORGAN has worked at LPL FINANCIAL LLC since April 24, 2017

Disclosure History

MARVEL TYRONE MORGAN has 1 Disclosure Event(s).

Date: April 21, 2008
Category: Customer Dispute
Allegations: CUSTOMER COMPLAINED THAT RR MADE AN UNSUITABLE RECOMMENDATION OF A HARTFORD VARIABLE ANNUITY. CUSTOMER COMPLAINED ABOUT LACK OF SUITABLE SUB-ACCOUNTS IN THE VA. CUSTOMER ASKED FOR KMS TO REPAY ACCOUNT LOSSES AND TO PAY FOR ANY SURRENDER CHARGES ASSOCIATED WITH SURRENDERING THE VA.
Damage Amount Requested: $13,600.00
Broker Comment: CLIENT OPENED ACCOUNTS AT AMERICAN FUNDS THROUGH KMS IN MAY 2007. ADDITIONALLY, CLIENT BOUGHT HARTFORD VA AT THE SAME TIME. THE CLIENT'S CONSOLIDATED ACCOUNTS STATEMENT SHOWS A LOSS OF 3.07% BETWEEN 5/16/07 ANF 4/22/08. THE S&P 500 SHOWS A LOSS OF 8.04% FOR THE SAME TIME PERIOD. CLIENT COMPLAINED THAT VA WAS UNSUITABLE AND ASKED FOR A RETURN OF THE AMOUNT INVESTED IN VA. RR AND KMS DISPUTE CLIENT'S COMPLAINT AND DECLINED CLIENT'S MONETARY REQUESTS.

More Information

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