Fretz has been the subject of two settled customer disputes in the past year alleging unsuitable investment recommendations.
The Sonn Law Group is investigating allegations that Kevin Fretz recommended unsuitable investments. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Kevin Fretz (CRD#: 4128808) was registered as a broker with LPL Financial from 2011 until 2019 when he was discharged based on allegations that he maintained blank customer signed forms, failed to report customer complaints and failed to follow customer instructions to deposit funds for investments.
Fretz has six other disclosures on his BrokerCheck report.
July 2020 Customer Dispute
- Status: Pending
- Allegations: Claimant alleges that in November 2012 and December 2014 the representative made unsuitable investment recommendations in multiple non-traded Real Estate Investment Trusts (REITs) and continuously misrepresented the REITs’ death put options.
April 2020 Customer Dispute
- Status: Settled
- Allegations: Claimant alleges misrepresentation and unsuitability of a structured note.
- Damage Amount Requested: $94,657.50
- Settlement Amount: $77,708.25
March 2020 Customer Dispute
- Status: Settled
- Allegations: Customer alleges misrepresentation and unsuitability.
- Damage Amount Requested: $66,000.00
- Settlement Amount: $28,194.59
August 2019 Customer Dispute
- Status: Settled
- Allegations: Customer alleges forgery, and misrepresentation of investment recommendations.
- Settlement Amount: $49,343.91
April 2019 Customer Dispute
- Status: Settled
- Allegations: Customer alleges advisor failed to follow instructions to invest funds.
- Settlement Amount: $15,255.65
April 2009 Customer Dispute
- Status: Denied
- Allegations: Beneficiaries allege that registered representative did not act on their instructions in processing a death claim of a variable annuity in May 2008 and as a result suffered losses. Damages not stated but determined to be over $5,000.00
- Damage Amount Requested: $5,000.00
Contact Us Today
The Sonn Law Group is currently investigating allegations that Kevin Fretz recommended unsuitable investments. 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.
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