Jeffrey Alan Kiensnoski, Broker with Concorde Investment Services, Named in Customer Dispute Seeking $1M in Damages

Kiensnoski currently has three customer disputes pending against him.

Jeffrey Alan Kiensnoski (CRD#: 2688017) is registered as a broker with Concorde Investment Services, where he has been employed since 2015. Previously, Kiensnoski was registered as a broker with J.P. Turner & Company from 2010 until 2015.

Kiensnoski has four disclosures on his BrokerCheck report. One customer dispute was closed with no action taken.

June 2021 Customer Dispute

• Status: Pending
• Allegations: Claim alleges breach of contract, breach of duty of good faith and fair dealing, breach of fiduciary duty relating to an alleged hold recommendation given to the investor.
• Damage Amount Requested: $8,761.00

May 2021 Customer Dispute

• Status: Pending
• Allegations: Claim alleges breach of fiduciary duty, negligence and negligent misrepresentation, and breach of contract in relation to various investments made in January 2016 to January 2017.
• Damage Amount Requested: $876,000.00
• Broker Comment: While I was not named in the complaint, I believe these investments were suitable for the client based on their disclosed experience, objectives, risk tolerance, current portfolio, and liquidity needs and deny the claims in their entirety.

June 2019 Customer Dispute

• Status: Pending
• Allegations: Client is alleging misrepresentation, fraud, and suitability in relation to limited partnership investments made in June and October of 2017.
• Damage Amount Requested: $1,000,000.00
• Broker Comment: I deny and disagree firmly with the client’s accusations. The client represented herself as a sophisticated accredited investor. The client was provided with all the information on multiple occasions the risks and rewards of such private placement investments and signed off multiple times confirming herself as a accredited investor suitable in taking on the risks and rewards of such investments multiple times.

Contact Us Today

The Sonn Law Group is currently investigating allegations surrounding Jeffrey Alan Kiensnoski. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.