Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 1, 2018 indicate that former Washington DC-based Northwestern Mutual Investment Services broker/adviser Donnell Bowen has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Bowen (CRD# 5641822).
Donnell Bowen has spent seven years in the securities industry and was registered with Northwestern Mutual Investment Services in Washington, DC from 2009 through 2017. He has no previous registrations. He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 23, 2010, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on April 1, 2009. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received eight customer complaints and four pending customer complaints, and resigned from his former employer in connection to alleged rule violations.
In November 2017 a party of customers alleged Donnell Bowen, while employed at Northwestern Mutual Investment Services, signed their names on several forms related to unauthorized insurance transactions. The customers are seeking more than $117,100 in damages in the pending complaint.
In May 2017 a customer alleged Donnell Bowen, while employed at Northwestern Mutual Investment Services, issued a product which was not the one she agreed to purchase, and from which he earned a higher commission. The complaint settled for more than $127,900.
In April 2017 a customer alleged Donnell Bowen, while employed at Northwestern Mutual Investment Services, made unsuitable investment recommendations. The complaint settled in October 2017 for more than $102,500.
In April 2017 a customer alleged he, while employed at Northwestern Mutual Investment Services, facilitated investments in a fund, with Crescent Ridge Capital Partners, whose operator was charged with violations of federal laws. The complaint settled in August 2017 for $225,000.
In April 2017 a customer alleged he, while employed at Northwestern Mutual Investment Services, made unsuitable recommendations. The complaint settled in October 2017 for $102,500.
In March 2017 a customer alleged he, while employed at Northwestern Mutual Investment Services, provided him fraudulent information regarding his accounts, resulting in harm. The complaint settled in June 2017 for more than $43,100.
In January 2017 he was “permitted to resign” from his position at Northwestern Mutual Investment Services while he was under an internal investigation into allegations he forged client signatures on non-variable insurance documents.
If you or someone you know has a complaint regarding Donnell Bowen, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.