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Broker Kevin McClusky Currently Under Investigation

Kevin McCluskyPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 30, 2016 indicate that Florida-based Deutsche Bank Securities broker/adviser Kevin McClusky has been the subject of resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. McClusky (CRD# 2981542).

Kevin McClusky has spent eighteen years in the securities industry and has been registered with Deutsche Bank Securities in Palm Beach, Florida since 2011. Previous registrations include Wells Fargo Advisors in Palm Beach, Florida; Prudential Securities in New York, New York; and Dean Witter Reynolds in Purchase, New York. He is a registered broker and investment adviser with twenty US states and territories: California, Colorado, Connecticut, the District of Columbia, Florida, Georgia, Illinois, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia.

According to his BrokerCheck report, Kevin McClusky has received one customer complaint and one pending customer complaint.

In June 2016 a customer alleged Kevin McClusky, while employed at Deutsche Bank Securities, misrepresented material facts related to the sale of CDs and the purchase of a fixed annuity. The customer is seeking damages exceeding $57,700 in the pending complaint.

In 2014 a customer alleged Kevin McClusky, while employed at Deutsche Bank Securities, failed to recommend that she take advantage of breakpoints. The customer sought unspecified damages in the complaint, which was closed.

In 2009 a customer alleged Kevin McClusky, while employed at Wells Fargo Advisors, placed her in unsuitably high risk investments and executed unauthorized transactions. The customer sought unspecified damages in the complaint, which was denied.

In 2010 a customer alleged Kevin McClusky, while employed at Wells Fargo Advisors, executed unauthorized transactions. The complaint settled in 2011 for $491,082.

In 2010 Kevin McClusky was terminated from his position at Wells Fargo Advisors following allegations he violated firm policy “related to journaling positions between commission and fee based accounts resulting in excess commissions paid by certain clients.”

If you have lost money investing with Kevin McClusky, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.