Investors Allege Donna Seymour Recommended Unsuitable Investments

Donna Seymour (CRD #: 1714302), a broker registered with Centaurus Financial, allegedly recommended unsuitable investments, according to her BrokerCheck record, accessed on September 3, 2022. Investors may have also worked with her through Ingram Advisory Services. If you have questions about her conduct as a broker, keep reading.

Investor Disputes

In a dispute filed on July 11, 2022, an investor alleged that Donna Seymour misrepresented an unsuitable investment. This dispute is pending.

On June 21, 2022, several investors filed a dispute alleging that Donna Seymour recommended an illiquid and high-commission investment. The clients seek $50,000 in this pending dispute.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of manipulative, deceptive, and otherwise unethical methods to influence the purchase or sale of securities. This includes the misrepresentation of an investment’s potential risks, requirements, or other features.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers recommend securities that adequately fit an investor’s profile. These profiles contain information about investors’ risk tolerance, age, and investment goals.

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

Background Information

Donna Seymour 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 7 – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Donna Seymour is a registered broker in 23 states and a registered investment adviser in Florida, Georgia, and Texas.

She has also worked for the following firms:

• Centaurus Financial (CRD#:30833)
• Investors Capital Corporation (CRD#:30613)
• Banc of America Investment Services (CRD#:16361)
• MetLife Securities (CRD#:14251)
• Metropolitan Life Insurance Company (CRD#:4095)
• CitiStreet Financial Services (CRD#:107311)
• CitiStreet Equities (CRD#:7447)
• Allen & Company of Florida (CRD#:25)
• WMA Securities (CRD#:32625)
• Jefferson Pilot Securities (CRD#:3870)
• Fidelity Investments Institutional Services Company (CRD#:17507)
• Fidelity Brokerage Services (CRD#:7784)

Kurta Law Can Help

If you worked with Donna Seymour 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 Law 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.