MICHELLE RENE PEARSON

MICHELLE RENE PEARSON is currently employed as a Broker and/or Investment Adviser at CETERA INVESTMENT SERVICES LLC located at 1912 CAPITOL AVENUE, CHEYENNE, WY, 82001.

MICHELLE RENE PEARSON has worked at CETERA INVESTMENT SERVICES LLC since May 31, 2017

Disclosure History

MICHELLE RENE PEARSON has 1 Disclosure Event(s).

Date: April 23, 2014
Category: Customer Dispute
Allegations: CLIENT SENT COMPLAINT CORRESPONDENCE TO STATE OF WYOMING DEPARTMENT OF INSURANCE CONCERNING 2 VARIABLE ANNUITIES PURCHASED THROUGH A CFS REPRESENTATIVE IN JUNE OF 2013. AS IN A PREVIOUS COMPLAINT RECEIVED IN JANUARY OF 2014, THE CLIENT ALLEGES MISREPRESENTATION AND POOR SERVICE BY THE CFS REPRESENTATIVE. BOTH VA CONTRACTS WERE SURRENDERED IN FULL BY THE CLIENT IN FEBRUARY OF 2014 FOR AN AGGREGATE NET GAIN. A CFS REVIEW REVEALED THAT ALL REQUIRED DISCLOSURES WERE MADE IN WRITING AND THAT THE SIGNED DOCUMENTATION SUPPORTS SUITABILITY FOR THE RECOMMENDATIONS. CFS AND THE INSURANCE COMPANY RESPONDED TO THE CLIENT IN WRITING WITH A SUMMARY OF FINDINGS AND DENIAL OF COMPLAINT ALLEGATIONS IN FEBRUARY OF 2014. THE INSURANCE COMPANY ALSO RESPONDED TO AN INQUIRY FROM THE STATE OF WYOMING RESULTING FROM THE CLIENT'S MOST RECENT COMPLAINT LETTER AND REITERATED THE DENIAL OF CLAIMS MADE BY THE CLIENT. IN THE COMPLAINT TO THE STATE OF WYOMING, THE CLIENT INCLUDED A DEMAND FOR "INTEREST EARNED" (MARKET GAINS).
Damage Amount Requested: $15,886.00

More Information

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