DID KEVIN ANDREW HOBBS CAUSE YOU INVESTMENT LOSSES?

Kevin Hobbs Formerly With PFS Investments Inc. Has 7 Customer Complaints For Alleged Broker Misconduct

Who is Kevin Hobbs of PFS Investments Inc.?

Kevin Hobbs (CRD #4267482) who was formerly registered with PFS Investments Inc. and located in Lake Worth, Florida, is a subject of one of our many securities industry sales practice abuse investigations. Kevin Hobbs’s had his own regulatory problems. In March 2023, he consented to the sanction and to the entry of findings that he provided inaccurate response to FINRA’s request for documents and information in connection with its investigation of allegations that he traded away from his member firm in a customer’s Third-party brokerage account and was permanently barred for any further association with any FINRA member firm in any capacity.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Kevin Hobbs Customer Complaints

Kevin Hobbs has been the subject of 7 customer complaints that we know about seeking to recover investment losses. Two of the customer complaints were settled by PFS Investments in favor the investors. Two customer complaints were denied by the brokerage firm and the investors did not take any further action. There are currently 3 customer complaints open and pending with the firm or in FINRA arbitration proceedings.

Allegations Against Kevin Hobbs

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

• Recommendation of outside business activity
• Unsuitable recommendation and customers non-PFS Investment accounts.
• Forgery of customer’s signature.
• Failure to fully disclose all features of variable annuity contract.
• Misstatements related to defined benefit plan.

Kevin Hobbs Red Flags & Your Rights As An Investor

Of course, Kevin Hobbs 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 Kevin Hobbs at PFS Investments Inc. on alert to review carefully the activity and performance of their accounts and question whether Kevin Hobbs has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at PFS Investments Inc. 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 PFS Investments Inc. Due To Kevin Hobbs

If you have questions about PFS Investments Inc. and/or Kevin Hobbs 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.

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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