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Danette Volpenhein Allegedly Did Not Properly Explain a Tax Benefit

Danette Volpenhein (CRD #: 6037121), a broker registered with State Farm VP Management Corp, is facing an investor dispute. This is according to her BrokerCheck record, accessed on April 22, 2024. Keep reading if you have questions regarding her alleged conduct. 

Investor Allegations 

On March 20, 2024, an investor alleged that Danette Volpenhein did not explain a tax benefit properly. The investor is seeking $56,000. 

FINRA Rule 2020 – Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and tax implications. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate this rule. 

Background Information 

Danette Volpenhein has registered with the following firms:

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination 

She is a registered broker in Indiana, Kentucky, and Ohio. 

Danette Volpenhein has registered with the following firms: State Farm VP Management Corp. (CRD #: 43036) and State Farm Investment Management Corp. (CRD #: 3487). 

Kurta Law Can Help 

If you have worked with Danette Volpenhein and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.

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