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FINRA Broker Allegations

Allegations against: John Fleming Reutemann

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Customer alleges that losses of $670,000 resulted from unsuitable recommendation of variable annuities in 1998, and of variable universal life policy in 2000. Allegations will be denied, as profits of approximately $310,000 were realized in overall investments.

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