Former Minnesota Life Insurance Company Agent Brian Freeman Pays Nearly $1 Million To Couple

Minnesota Life Insurance Company

Erez Law is currently investigating former Minnesota Life Insurance Company agent Brian Freeman (CRD# 1379227) regarding insurance losses. He has been registered with Cetera Wealth Services, LLC in Newport Beach, California, since 2023, and Cetera Investment Advisers LLC in Newport Beach, California, since 2023. He was registered with Securian Financial Services, Inc. in Newport Beach, California, from 2002 to 2023. He was a registered rep with Securian Financial Services, Inc. in Newport Beach, California, from 1988 to 2023, and an agent with Minnesota Life in Irvine, California, from 1987 to 2023.  

Brian Freeman Customer Complaints

He has been the subject of two customer complaints between 2011 and 2025, according to his CRD report. The most recent complaint was regarding: 

April 2025. “Freeman was named in a customer complaint that asserted the following causes of action: intentional misrepresentation including omission of material facts; negligent misrepresentation; professional liability; breach of fiduciary duty; breach of contract; financial abuse of an elder (Welf. & Inst. Code, § 15610.30); and violation of Penal Code §496(c). The causes of action relate to Minnesota Life Variable Adjustable Life Insurance Policy.” The customer soght $500,000 in damages, and the customer was awarded $975,000 in damages as well as $790 in fees. 

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Minnesota Life Insurance Company may be liable for investment or other losses suffered by Brian Freeman’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.