Advisor Alert: Our Attorneys Are Investigating Scott Patrick Klor For Investment Fraud
Did You Lose Money Because of Scott Klor?
Filed: November 15, 2023
Scott Klor currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) regulatory event, one (1) termination event, and 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 Scott Patrick Klor.
Who Is Scott Patrick Klor?
- Advisor Name: Scott Patrick Klor
- Aliases: Scott Klor
- CRD: 2493369
- Location: Fort Mill, South Carolina
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC and Uvest Financial Services Group, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Can Scott Klor Be Sued: Yes, in Private Arbitration
- Can Scott Klor’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $75,000
- Highest Settlement: Unknown
If you have suffered investment losses by Scott Klor, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an elder financial abuse 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 Scott Klor For Broker Misconduct
As of this publication date, Scott Klor has been the subject of 1 regulatory event, 1 termination event, and 1 customer dispute. Let’s review them below.
In April 2019, FINRA initiated a regulatory action against or in reference to Scott Klor. Without admitting or denying the findings, Klor consented to the sanctions and to the entry of findings that he solicited investors, including his member firm customers, to purchase a variable life insurance policy on the life of an elderly individual, however, the firm’s policies prohibited registered representatives from participating in the offering of life or viatical settlements and Klor did not notify the firm of his involvement in the viatical settlement.
In April 2019, a complaint was filed against or in reference to Scott Klor by a customer of LPL Financial LLC alleging misrepresentation in connection with a viatical settlement purchased in December 2012. Per the customer, he/she lost over $75,000 because of Mr. Klor’s actions.
In April 2017, LPL Financial LLC terminated Scott Klor for violation of Firm policy regarding private securities transactions.
How To File A Claim Against Scott Klor (previously with LPL Financial LLC and Uvest Financial Services Group, Inc.) To Get Your Money Back.
If you have questions about Scott Klor, LPL Financial LLC, Uvest Financial Services Group, 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.