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Mark Beck Allegedly Misrepresented an Unsuitable Investment

Mark Beck (CRD #: 6665794), a broker registered with Ameriprise Financial Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 30, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On March 6, 2024, an investor alleged Mark Beck misrepresented an unsuitable investment. The investor is seeking $149,476.40. 

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

Background Information 

Mark Beck has passed the following exams:

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

He is a registered broker in 20 states and is a registered investment adviser in Michigan. 

During his seven years of experience, Mark Beck has registered with two firms: Ameriprise Financial Services (CRD #: 6363) and Comerica Securities (CRD #: 17079). 

Kurta Law Can Help 

If you have worked with Mark Beck 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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