Advisor Alert: Our Attorneys Are Investigating Kenneth Joseph Ashe For Investment Fraud
Did You Lose Money Because of Kenneth Ashe?
Filed: January 17, 2024
Kenneth Ashe has been the subject of two (2) customer complaints and six (6) judgment/lien events. 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 Kenneth Joseph Ashe.
Who Is Kenneth Joseph Ashe?
- Advisor Name: Kenneth Joseph Ashe
- Aliases: Kenneth Ashe
- CRD: 3122625
- Location: Nashville, Tennessee
- Current Employer: Currently Not Registered
- Previous Firms: Ameriprise Financial Services, LLC and IDS Life Insurance Company
- Number of Known Customer Complaints: 2
- Number of Known Judgment/Lien Events: 6
- Can Kenneth Ashe Be Sued: Yes, in Private Arbitration
- Can Kenneth Ashe’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $798,000
- Highest Settlement: $798,000
If you have suffered investment losses by Kenneth Ashe, 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 Kenneth Ashe For Broker Misconduct
As of this publication date, Kenneth Ashe has been the subject of 5 judgment/lien events and two (2) customer disputes. Let’s review them below.
In April 2020, a complaint was filed against or in reference to Kenneth Ashe by a customer of Ameriprise Financial Services, LLC alleging that Mr. Ashe misrepresented a variable universal life insurance policy in the Summer 2015 regarding the death benefit payout to be received when the insured reached age 100. Per the customer, he/she lost over $798,000 because of Mr. Ashe’s actions. On July 8, 2020, Mr. Ashe settled the claim for $798,000, and some or all of this amount may have been paid by Mr. Ashe’s employer and/or insurance carrier.
In October 2014, Kenneth Ashe was the subject of a civil judgment or lien in the amount of $54,208.27. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In October 2014, Kenneth Ashe was the subject of a civil judgment or lien in the amount of $95,555.99. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In July 2013, Kenneth Ashe was the subject of a civil judgment or lien in the amount of $9,144.98. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In August 2012, Kenneth Ashe was the subject of a civil judgment or lien in the amount of $1,647.83. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In May 2011, Kenneth Ashe was the subject of a civil judgment or lien in the amount of $48,125.39. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In March 2011, Kenneth Ashe was the subject of a civil judgment or lien in the amount of $7,546.16. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In May 2010, a complaint was filed against or in reference to Kenneth Ashe by a customer of Ameriprise Financial Services, LLC alleging that Mr. Ashe did not disclose the provisions of the REIT purchased in November 2004. Per the customer, he/she lost over $100,000 because of Mr. Ashe’s actions.
How To File A Claim Against Kenneth Ashe (previously with Ameriprise Financial Services, LLC and IDS Life Insurance Company) To Get Your Money Back
If you have questions about Kenneth Ashe, Ameriprise Financial Services, LLC, IDS Life Insurance Company, 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.