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Investor Alleges Katie Larsen Misrepresented Investment Strategy

Katie Larsen (CRD #: 2540556), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, allegedly misrepresented an investment strategy, according to her BrokerCheck record, accessed on December 27, 2022. Investors may have engaged her services through The Larsen Group. If you have questions about her alleged conduct as a broker, keep reading.

Investor Dispute

On October 27, 2022, an investor alleged that Katie Larsen misrepresented a managed account strategy from April 2021 to October 2022. This dispute was denied by the firm.

However, investors should be aware that firms can deny a dispute without an external review. Investors may be able to recover their funds by seeking out FINRA arbitration following a denial.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of manipulation, deception, and other fraudulent means of influencing the purchase or sale of securities. The misrepresentation or omission of material facts violates this rule.

Background Information

Katie Larsen 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

Katie Larsen is a registered broker in 34 states. She is also a registered investment adviser in North Carolina, Pennsylvania, and Texas.

Kurta Law Can Help

If you worked with Katie Larsen 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. 

 

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