A settlement has been reached between the state and a Nashua investment adviser, accused of illegally selling advice to veterans. Iowa Attorney General, Tom Miller, announced late last week that this case, which spurred the passing of a state law last year for protection of veterans applying for benefits, orders Sonya Ackerson and her business, Advocate 4 the Aging LLC, to change business practices and pay a $7,500 fine. The Attorney General sued Ackerson and her company last February, alleging she charged fees for veteran’s benefits assistance without being federally accredited. She also failed to disclose to consumers that she was not licensed or registered to provide estate planning advice and violated Iowa’s Door-to-Door Sales Act.
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