Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on April 17, 2018 indicate that former Minnesota-based Securities America broker Joel Weber has received customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Weber (CRD# 1717681).
Joel Weber has spent 30 years in the securities industry and has been registered with Securities America in Saint Cloud, Minnesota since October 2017. Previous registrations include SII Investments in Saint Cloud, Minnesota (2002-2017) and Franklin Financial Services Corporation in Houston, Texas (1987-2002). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 7, 1987; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on August 10, 1987; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which he obtained on June 6, 2001. He is a registered broker with six US states: Arizona, Iowa, Minnesota, Oregon, Washington, and Wisconsin.
According to his BrokerCheck report, he has received two customer complaints and three denied customer complaints.
In March 2018 a customer alleged Joel Weber, while employed at SII Investments, misrepresented material facts. The customer sought $69,220 in damages in the complaint, which was denied.
In 2014 a customer alleged Joel Weber, while employed at SII Investments, misrepresented material facts related to a variable annuity product. The complaint settled in 2015 for more than $339,000.
In 2012 a customer alleged he, while employed at SII Investments, made misrepresentations of material facts in connection to a variable annuity product. The customer sought more than $87,000 in damages in the complaint, which was denied.
In 2009 a customer alleged he, while employed at Franklin Financial Services Corporation, provided misleading information regarding a variable universal life insurance product. The customer sought $100,000 in damages in the complaint, which was denied.
In 2008 a customer alleged Joel Weber, while employed at SII Investments, provided misleading information when he liquidated a mutual fund in 2007 and placed the funds into an existing equity indexed annuity contract. The complaint settled for $54,000.
If you have lost money investing with Joel Weber, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.