DID JEREMY TODD LINDQUIST CAUSE YOU INVESTMENT LOSSES?
Jeremy Lindquist Of MML Investors Services, LLC Has 4 Customer Complaints For Alleged Broker Misconduct
About Jeremy Lindquist of MML Investors Services, LLC?
Jeremy Lindquist (CRD #3198807) is currently employed as an investment advisor and registered broker at MML Investors Services, LLC in Melbourne, Florida, since February 17, 2015. Over his career, his prior registrations include NYLIFE Securities LLC (2010-2011), Fidelity Brokerage Services LLC (2000-2001), and NYLIFE Securities Inc. (1999-2000). He is licensed in 10 U.S. states and has passed three general industry/product exams (Series 6, Series 7, and SIE) and two multi-state securities law exams (Series 63 and Series 65). However, he has not passed any principal or supervisory exams.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jeremy Lindquist Customer Complaints and Reviews
Jeremy Lindquist has four disclosed customer disputes, summarized as follows:
- Customer Dispute 2017
- Complaint: the client alleged that Lindquist’s 2015 recommendation to sell mutual funds to purchase a fixed annuity and whole life insurance policy was unsuitable.
- Damages: The customer sought damages exceeding $100,000
- Outcome: The case was settled for $200,000 with no admission of liability.
- Customer Dispute 2013
- Complaint: Customer claimed that recommendations to liquidate a variable life insurance policy and 529 plans to fund universal life insurance policies were unsuitable.
- Outcome: This complaint was settled for $26,513.94.
- Customer Dispute 2021
- Complaint: Customer alleged that a variable annuity purchased in February 2021 was unsuitable.
- Outcome: The firm denied the claim, finding no actionable grounds.
- Customer Dispute 2012
- Complaint: Customer alleged financial losses due to unsuitable sales of variable and whole life policies.
- Outcome: The customer claimed damages of $13,800 but later withdrew the complaint.
Allegations Against Jeremy Lindquist
- Allegation of Unsuitable Investment Recommendations (Settled)
- In 2017, a recommendation involving mutual funds, annuities, and life insurance led to a settlement of $200,000. While the broker denied liability, the financial compensation indicated significant customer dissatisfaction with the recommendations.
- Allegation of Unsuitable Liquidation (Settled)
- In 2013, recommendations to liquidate certain policies resulted in a settlement of $26,513.94. The allegations centered on whether these moves aligned with the customers’ financial needs.
- Allegation of Unsuitable Annuity (Denied)
- The 2021 complaint regarding a variable annuity was denied after the firm determined no basis for the claim.
- – Allegation of Irresponsible Product Sales (Withdrawn)
- The 2012 complaint involving unsuitable sales of life insurance policies was withdrawn, with the customer initially alleging losses totaling $13,800.
Jeremy Lindquist Red Flags & Your Rights As An Investor
Of course, Jeremy Lindquist 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 Jeremy Lindquist at MML Investors Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Jeremy Lindquist has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors 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 MML Investors Services, LLC Due To Jeremy Lindquist
If you have questions about MML Investors Services, LLC and/or Jeremy Lindquist 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.
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