Keith Garner Allegedly Misrepresented Annuity

Keith Garner (CRD #: 5318725), a broker registered with Synovus Securities, allegedly misrepresented an annuity, according to his BrokerCheck record, accessed on October 9, 2022. If you want to know more about his conduct as a broker, read on.

Investor Dispute

In a dispute filed on July 20, 2022, an investor alleged that Keith Garner and others misrepresented an annuity product purchased on May 3, 2022, by stating that it was a short-term investment, that he would have full access to his principal after one year, and that he would earn at least 5%. The client sought $60,000 in damages but was denied by the firm.

Investors should be aware, however, that firms can deny disputes without an outside review. Investors may be able to recover their funds following a denial by pursuing FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 bans the use of deceptive, manipulative, and otherwise fraudulent means of influencing investors’ decisions. Misrepresenting an investment’s features or other facts related to investments violates this rule.

Bankruptcy

On September 7, 2016, Keith Garner’s filed for bankruptcy.

Background Information

Keith Garner has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 31 – Futures Managed Funds Examination
• Series 7 – General Securities Representative Examination

Keith Garner is a registered broker in 10 states and a registered investment adviser in seven states.

He has also worked for the following firms:

• Suntrust Investment Services (CRD#:17499)
• Fifth Third Securities (CRD#:628)
• Morgan Stanley (CRD#:149777)
• Morgan Stanley & Company (CRD#:8209)

Kurta Law Can Help

If you worked with Keith Garner 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.