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Did Justin King Misrepresent a Variable Life Policy?

Justin King (CRD #:5128328), a broker and investment advisor registered with Ameriprise Financial Services, is involved in an investor dispute, according to his BrokerCheck record accessed on February 10, 2022. 

According to the allegations filed on October 16, 2021, Justin King misrepresented a variable life policy purchased in July 2021.

The firm denied the dispute, but investors should know that firms can deny disputes without any external review. It is also important for investors to know that they can still pursue FINRA arbitration and recover their losses following a denial.

Misrepresentations concerning material facts in investment recommendations deprive investors of the information they need to assess risks associated with a particular investment. FINRA Rule 2020 prohibits brokerage firms and stockbrokers from making material misrepresentations or inducing people into buying investments with false statements about their potential benefits. This unethical conduct also violates FINRA Rule 2010, which states that brokers must uphold high standards of commercial honor. 

Losses that can be attributed to a stockbroker’s material misrepresentations of facts may result in a viable securities arbitration claim for damages.

Background Information

Justin King has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Justin King is a registered broker in 10 states. He is also a registered investment advisor in Texas. 

Besides Ameriprise Financial Services, Justin King has not worked with any other firm.

Kurta Law Can Help

If you have worked with Justin King and have concerns about your investments, don’t hesitate to contact us today at 877-600-0098 or 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 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. Please reach out if you have any questions about what steps to take next to recover your investment losses.