Larry Peggs – Customer Disputes Filed Alleging Sales Practice Violations Against Financial Advisor/Broker Larry Peggs | Goodman & Nekvasil P.A., May Recover Investor Losses
Larry Peggs CRD #1219721
Larry Peggs is a currently licensed financial advisor/broker with Ameriprise Financial Services, Inc. Larry Peggs was previously licensed with Planmember Securities Corporation.
According to Larry Peggs’ CRD, customer disputes have been filed alleging sales practice violations against Larry Peggs.
Customer Dispute 6/5/19: Plaintiffs, the estate of a decedent and the decedent’s ex-wife, allege that AFSI, Larry Peggs and several other defendants failed to carry out the decedent’s intentions regarding beneficiary designations for two annuities. The decedent’s ex-wife contends that the proceeds of the annuities should have been distributed in such a way that the proceeds could fund continuing payments to her. Plaintiffs seek relief including imposition of a constructive trust over the proceeds of the annuities, which were distributed to the decedent’s children. The alleged damages are unspecified. This customer dispute is pending.
Customer Dispute 2/23/19: Client alleges that the representative placed them in an unsuitable holding when they rebalanced the portfolio in March of 2015 and that the holding in question then lost significant value. This customer dispute was settled for $15,000.
Customer Dispute 5/3/17: Client requests return of all items or funds taken by the advisor. The client’s attorney alleged there were unauthorized transactions on his account(s). This customer dispute was settled for $38,221.04
If you lost any money on investments with Larry Peggs, you may be able to recover your losses. If you lost money on investments with Larry Peggs and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Larry Peggs’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Larry Peggs and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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