MML Investors Services, LLC broker Kevin Paasch (CRD# 2213833) is accused of mutual fund losses. He has been registered with MML Investors Services, LLC in Virginia Beach, Virginia, since 2005.
Kevin Paasch Customer Complaints
He has been the subject of three customer complaints between 2015 and 2024, two of which were denied, according to his CRD report:
February 2024. “It is alleged that in 2021, the rep didn’t sell and transfer assets as instructed, and later transferred money that had been in the customer’s joint account over to an account held by just one of the joint account holders, contrary to the instructions that had been given, resulting in financial harm.” The customer is seeking $1,133,740 in damages, and the case is currently pending. The complaint was regarding mutual funds and managed account losses, and it took place while he was registered with MML Investors Services, LLC.
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, MML Investors Services, LLC may be liable for investment or other losses suffered by Kevin Paasch’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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