Advisor Alert: Our Attorneys Are Investigating Steven Donald Koch For Investment Fraud
Did You Lose Money Because of Steven Koch?
Filed: October 26, 2023
Steven Koch has been the subject of two (2) customer complaints. 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 Steven Donald Koch.
Who Is Steven Donald Koch of Osaic Wealth, Inc.?
- Advisor Name: Steven Donald Koch
- Aliases: Steven Koch
- CRD: 5369256
- Location: Milwaukee, Wisconsin
- Current Employer: Osaic Wealth, Inc.
- Previous Firms: Sagepoint Financial Inc. and MML Investors Services, LLC
- Number of Known Customer Complaints: 2
- Can Steven Koch Be Sued: Yes, in Private Arbitration
- Can Steven Koch’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $5,000
- Highest Settlement: $46,300.57
If you have suffered investment losses by Steven Koch, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Steven Koch For Broker Misconduct
As of this publication date, Steven Koch has been the subject of 2 customer disputes. Let’s review them below.
In June 2020, a complaint was filed against or in reference to Steven Koch by a customer of Sagepoint Financial, Inc. alleging that recommended 2019 exchange from variable annuity to life insurance trust constituted poor advice. Per the customer, he/she lost over $5,000 because of Mr. Koch’s actions.
In November 2008, a complaint was filed against or in reference to Steven Koch by a customer of Metlife alleging that when the client purchased a variable annuity in August 2008, Mr.Koch assured her the contract would earn a guaranteed interest rate and there was no exposure to stock market risk. On April 20, 2009, Mr. Koch settled the claim for $46,300.57, and some or all of this amount may have been paid by Mr. Koch’s employer and/or insurance carrier.
How To File A Claim Against Steven Koch of Osaic Wealth, Inc. (previously with Sagepoint Financial Inc. and MML Investors Services, LLC) To Get Your Money Back.
If you have questions about Steven Koch, Osaic Wealth, Inc., Sagepoint Financial Inc., MML Investors Services, LLC, 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.