Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 19, 2016 indicate that Washington-based Key Investment Services broker/adviser Kenneth Hughie has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hughie (CRD# 2960970).
Kenneth Hughie has spent 18 years in the securities industry and has been registered with Key Investment Services in Vancouver, Washington since 2006. Previous registrations include McDonald Investments in Cleveland, Ohio; UBS Financial Services in Weehawken, New Jersey; and Merrill Lynch in New York, New York. He is a registered broker and investment adviser with 15 US states and territories: Alaska, Arizona, California, Colorado, Florida, Idaho, Massachusetts, Michigan, Minnesota, Nevada, Ohio, Oregon, Pennsylvania, Washington, and Wyoming.
According to his BrokerCheck report, Kenneth Hughie has received three customer complaints.
In 2013, a customer alleged Kenneth Hughie, while employed at Key Investment Services, sold him an unsuitable structured product and an unsuitable unit investment trust. The complaint settled in 2014 for more than $44,900.
In 2003, a customer alleged Kenneth Hughie, while employed at UBS Financial Services, excessively traded the account. The complaint settled for $10,000.
In 2003, a customer alleged Kenneth Hughie, while employed at UBS Financial Services, engaged in unauthorized and excessive trading. The complaint settled for $40,000.
According to FINRA rules and federal securities law, financial professionals like Kenneth Hughie are prohibited from executing transactions without a customer’s permission or authorization. There are some exceptions, including discretionary accounts and, in some circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who effect unauthorized trades may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has a complaint regarding Kenneth Hughie, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.