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Broker Misconduct Investigation: Kimberly Clark (Ameriprise Financial Services)

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Updated on: January 6, 2025

National investment loss lawyers KlaymanToskes is investigating broker Kimberly Clark, formerly of Ameriprise Financial Services (CRD #4312757).

According to FINRA BrokerCheck, Kimberly Clark, formerly of Ameriprise Financial Services, was barred from acting as a securities broker by FINRA in October 2024 after refusing to cooperate with FINRA’s investigation into her alleged misuse of funds related to an outside business activity, which allegedly led to her resignation from Ameriprise in February 2024.

Investors that suffered losses with broker Kimberly Clark are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Broker Kimberly Clark Barred by FINRA After Refusing to Cooperate with Investigation

 According to FINRA BrokerCheck, Kimberly Clark worked as a broker in Hershey, Pennsylvania from 2001 to 2024. Clark registered with multiple firms during her career, including Wachovia Securities, RBC Dain Rauscher, Morgan Stanley, RBC Capital Markets, and most recently Ameriprise, where she worked from 2019 to 2024. FINRA’s findings, detailed in a Letter of Acceptance, Waiver, and Consent, disclosed that Clark resigned from Ameriprise in February 2024. A disclosure from the firm alleges the resignation occurred during an internal review related to alleged misuse of funds associated with an outside business activity.

Investment Losses with Broker Kimberly Clark?

Investment Losses with Broker Kimberly Clark?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Kimberly Clark, or have concerns regarding your investment portfolio at Ameriprise Financial Services, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.