DID JARED MICHAEL SKEMP CAUSE YOU INVESTMENT LOSSES?
About Jared Skemp of Key Investment Services LLC?
Jared Skemp (CRD #4203805) is currently registered with Key Investment Services LLC, based in Warren, Pennsylvania, where he has been employed since September 21, 2016. Skemp’s previous employment includes positions at LPL Financial LLC (2009-2016) and NatCity Investments, Inc. (2004-2009), where he gained extensive experience in securities and investment advisory services. Skemp holds registrations with one self-regulatory organization and is licensed in 11 U.S. states and territories. He passed one principal/supervisory exam, two general industry/product exams, and two multi-state securities law exams, including the Series 24 General Securities Principal Examination.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jared Skemp Customer Complaints and Reviews
Jared Skemp has one pending customer dispute on record. Key details include:
- Customer Dispute Received: August 20, 2024
- Complaint: The client alleges that Skemp misrepresented two annuity products purchased in September 2020—an Allianz Index Advantage Income Variable Annuity valued at $1,000,000 and a Protective Income Builder Indexed Annuity valued at $935,583.58.
- Product Type: Variable Annuity
- Damages: Initial claim states $5,000, but actual damages are anticipated to exceed this amount. However, precise damage remains undetermined since Key Investment Services is no longer the agent of record.
- Status: Pending; not currently involved in arbitration or litigation.
Allegations Against Jared Skemp
The customer dispute involves allegations of misrepresentation related to the sale of annuities:
- Nature of Allegations: The client claims that Skemp’s representations about the Allianz Index Advantage Income Variable Annuity and the Protective Income Builder Indexed Annuity, both purchased in September 2020, were misleading, implying a misalignment with the client’s investment objectives.
- Financial Impact: While damages were initially listed as $5,000, the total potential financial impact is uncertain and may exceed this amount due to the complexities surrounding the annuities.
Jared Skemp Red Flags & Your Rights As An Investor
Of course, Jared Skemp did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Jared Skemp at Key Investment Services LLC on alert to review carefully the activity and performance of their accounts and question whether Jared Skemp has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Key Investment Services LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Key Investment Services LLC Due To Jared Skemp
If you have questions about Key Investment Services LLC and/or Jared Skemp and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Rate this Post
Loading...