Advisor Alert: Our Attorneys Are Investigating Adam Russell Beck For Investment Fraud
Did You Lose Money Because of Adam Beck?
Filed: October 26, 2023
Adam Beck (also known as Adam Russell Beck) has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Adam Russell Beck.
Who Is Adam Russell Beck?
- Advisor Name: Adam Russell Beck
- Aliases: Adam R Beck
- CRD: 5831873
- Location: Rocklin, California
- Current Employer: Currently Not Registered
- Previous Firms: Royal Alliances Associates, Inc., Signator Investors, Inc., and Transamerica Financial Advisors, Inc.
- Number of Known Customer Complaints: 1
- Can Adam Beck Be Sued: Yes, in Private Arbitration
- Can Adam Beck’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: $30,000
If you have suffered investment losses by Adam Beck, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Adam Beck For Broker Misconduct
As of this publication date, Adam Beck has been the subject of 1 customer dispute. Let’s review it below.
In September 2019, a FINRA arbitration was filed against or in reference to Adam Beck by a customer of Royal Alliance Associates, Inc. alleging that the exchange of a variable universal life policy to a variable annuity was unsuitable. Per the customer, he/she lost over $500,000 because of Mr. Beck’s actions. On January 28, 2021, Mr. Beck settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Beck’s employer and/or insurance carrier.
How To File A Claim Against Adam Beck (previously with Royal Alliances Associates, Inc., Signator Investors, Inc., and Transamerica Financial Advisors, Inc.) To Get Your Money Back.
If you have questions about Adam Beck, Royal Alliances Associates, Inc., Signator Investors, Inc., Transamerica Financial Advisors, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.