WARNING! Customer Disputes Involving Key Investment Services, DEBORAH CALDER

Deborah Calder (CRD#: 4137234, Portland, Oregon) is a previous securities broker of Key Investment Services LLC. She worked in Key Investment Services’ Portland, Oregon offices from March 26, 2014 to March 3, 2017.  Apparently, the Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report for Calder shows that at least four customers complained about Calder’s sales practices. Evidently, the customer claims largely concern Calder’s unsuitable annuity advice. Here is a summary of those disputes:

July 10, 2017 Arbitration Concerning Deborah Calder, Unsuitable Annuity Recommendations

 
A customer of Key Investment Services contested Calder’s sales practices in bringing FINRA Arbitration #17-01695 on July 10, 2017. Primarily, the attorney for the customer’s estate claimed Calder advised the customer to execute a 1035 Exchange, transferring an AIG fixed annuity to a Principal deferred income annuity. However, Calder’s advice was allegedly not suitable for the customer. Given these allegations of unsuitability, Key Investment Services opted to settle the customer’s claim for $55,620.00 on May 29, 2018.

February 28, 2017 Arbitration Involving Deborah Calder, Bad Advice Regarding Annuity Exchange

 
Evidently, a second Key Investment Services customer filed a dispute with the firm regarding Calder’s annuity sales. Notably, the customer alleged that it was not suitable for Calder to recommend that the customer transfer two annuities issued by John Hancock into deferred income annuities issued by Principal. Supposedly, the Principal annuities offered less meaningful benefits to the customer, or otherwise failed to match the customer’s financial profile or objectives. Because of this, Key Investment Services paid the customer $60,516.00 to resolve the annuity claim on September 1, 2017.

Arbitrator Finds Deborah Calder Misrepresented Annuity Sold To U.S. Bancorp Customer

 
Previously, Calder worked at U.S. Bancorp Investments, Inc. Apparently, a customer of that brokerage firm filed FINRA Arbitration #09-02039 on June 2, 2009, disputing Calder’s actions. Mainly, this U.S. Bancorp customer claimed Calder misrepresented features or terms of a variable annuity issued by Hartford. Eventually, a FINRA Arbitrator found Calder liable for misrepresentation. Accordingly, the Arbitrator issued an Award to the customer on November 24, 2009.

U.S. Bancorp Investor Alleges Calder Sold Unsuitable Annuity

 
A U.S. Bancorp investor contested Calder’s sales practices in filing a complaint dated September 28, 2006. Allegedly, Calder sold the customer a bad variable annuity. According to the customer, the annuity was not the type of investment that fit the customer’s situation. Because of this, the customer demanded $14,915.09 in compensatory relief. However, U.S. Bancorp Investments denied the customer’s allegations on October 25, 2006.

Have you experienced losses by investing with Key Investment Services LLC broker Deborah Calder? If so, contact Soreide Law Group at (888) 760-6552, where you can speak with experienced counsel about a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered millions of dollars for investors who have suffered losses due to misconduct of brokers and brokerage firms.