Christopher Keelin Facing $250,000 Investor Dispute

Christopher Keelin (CRD #: 1455741), a broker registered with Money Concepts Capital Corporation, allegedly misrepresented unsuitable investments, according to his BrokerCheck record, accessed on October 1, 2022. If you have questions about his conduct as a broker, read on.

Investor Dispute

On July 28, 2022, an investor alleged that Christopher Keelin misrepresented investments in 2015 and 2016 that were unsuitable for the client based on her investment objectives and financial profile. The client seeks $250,000 in this pending dispute.

A dispute settled on October 21, 2019, alleged that Christopher Keelin violated state securities statutes, breached his contract, and made unspecified claims under common law, including claims relating to vicarious liability. The investors alleged that Christopher Keelin invested the proceeds of a home equity loan in GPB Automotive, an alternative investment, with the promise that it would generate 8% return dividends.

The clients sought $250,000 in damages and received a settlement of $75,000.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of manipulative, deceptive, and otherwise unethical means of influencing the purchase and sale of securities. This includes the misrepresentation or omission of information relating to investments, such as their requirements, risks, or potential returns.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to fit investors’ profiles. Brokers must examine the investor characteristics described in these profiles, such as their client’s age, tax status, and investment goals.

Investors who feel their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

Christopher Keelin has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 31 – Futures Managed Funds Examination
• Series 7 – General Securities Representative Examination
• Series 10 – General Securities Sales Supervisor – General Module Examination
• Series 9 – General Securities Sales Supervisor – Options Module Examination

Christopher Keelin is a registered broker in six states.

He has also worked for the following firms:

• Commonwealth Capital Securities Corporation (CRD#:39979)
• Citigroup Global Markets (CRD#:7059)
• Morgan Stanley DW (CRD#:7556)
• Van Kampen Funds (CRD#:6939)
• Dean Witter Reynolds (CRD #: 7556) 

Kurta Law Can Help

If you worked with Christopher Keelin and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta  aw has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.