Jeff Ramsey (CRD#: 2766351), formerly a registered representative with H. Beck, Inc. (CRD#: 1763) in Paris, Ohio, has been terminated from his member firm and is currently involved in a customer dispute over a variable annuity, according to his BrokerCheck record accessed on January 20, 2020.
What happened? On December 9, 2019, H. Beck, Inc. terminated Jeff Ramsey after a firm investigation found that the broker cashed a check made out to a mutual fund company and then failed to provide all requested information after a compliance inquiry was opened. A week later, on December 16, 2019, Jeff Ramsey became involved in a customer dispute. A client alleged that Jeff Ramsey recommended a variable annuity that was unsuitable for the client given their investment objectives. The client alleged that the activity in question took place between June 5, 2015 and December 16, 2019.
Jeff Ramsey’s recent termination and recent customer dispute are not the only two disclosures on his BrokerCheck record. On September 16, 2010, a client alleged that Jeff Ramsey sold him a variable annuity and misrepresented its benefits. As a result, the client alleges that they requested to exercise his free look although the free look period had ended. The client is requesting $180,000 in damages.