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Chris Keelin: $250K Complaint Against Money Concepts Advisor
Alabaster, Alabama financial advisor Chris Keelin (CRD# 1455741) has received an investor complaint alleging he made misrepresentations that resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is a broker registered with Money Concepts Capital Corp.
Mr. Keelin’s BrokerCheck report discloses two investor complaints. The most recent, filed in July 2022, alleges that as a representative of Money Concepts Capital Corp., he misrepresented and recommended unsuitable investments. The pending complaint alleges damages of $250,000. In a comment on the disclosure, Mr. Keelin denied the allegations, writing: “I disagree with this statement of claim and will vigorously defend myself.”
A second investor complaint, filed in 2019, alleged that as a representative of Money Concepts Capital Corp., Mr. Keelin breached contract and violated securities law when he used the proceeds of a home equity loan to invest in GPB Automotive “with the promise the investment would generate a 8% return dividends.” In 2020 the complaint reached a settlement of $75,000.
According to the Financial Industry Regulatory Authority, Chris Keelin holds 25 years of securities industry experience. Based in Alabaster, Alabama, he has been a broker with Money Concepts Capital Corp. since 2009. His past registrations include Commonwealth Capital Securities (Clearwater, Florida; 2008-2009), Citigroup Global Markets (Birmingham, Alabama; 2004-2007), Morgan Stanley DW (Purchase, New York; 1999-2004), Vam Kampen Funds (Houston, Texas; 1997-1999), and Dean Witter Reynolds (Purchase, New York; 1995-1998). His credentials include the passage of seven securities industry qualifying exams: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – General Module Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in Alabama, Georgia, New Jersey, New York, Pennsylvania, and Texas. (Information current as of August 18, 2022.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.