Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 13, 2019 indicate that Ohio-based Key Investment Services broker/adviser Kenneth Schmidle has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Schmidle (CRD# 2367487).
Kenneth Schmidle has spent 25 years in the securities industry and has been registered with Key Investment Services in South Euclid, Ohio since 2014. Previous registrations include LPL Financial in South Euclid, Ohio (2010-2014); AmTrust Investment Services in South Euclid, Ohio (1996-2010); American Express Financial Advisors in Minneapolis, Minnesota (1993-1996); and IDS Life Insurance Company in Minneapolis, Minnesota (1993-1996). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on December 30, 2014; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 19, 1994; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on July 2, 1993. He is a registered broker and investment adviser with 14 US states and territories: Arizona, Arkansas, California, Connecticut, Florida, Georgia, Illinois, Indiana, Michigan, Montana, New York, North Carolina, Ohio, and Washington.
According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint, and he was discharged from a former employer in connection to alleged rule violations.
In February 2019 a customer alleged Kenneth Schmidle, while employed at Key Investment Services, recommended an unsuitable investment in a FABLX mutual fund. The customer is seeking more than $13,200 in damages in the pending complaint.
In 2016 a customer alleged Kenneth Schmidle, while employed at Key Investment Services, misrepresented material facts related to an AIG variable annuity. The customer sought more than $6,500 in damages in the complaint, which was denied.
In 2014 he was terminated from his position at LPL Financial in connection to allegations he violated firm policy regarding the discretionary trading of mutual funds.
If you or someone you know has complaints regarding Kenneth Schmidle, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.