Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker George Schwing (Schwing), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Schwing recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $108,963.45 on July 06, 2022.
The Claimant, via Power of Attorney for Usufructuary, contends Edward Jones was negligent in the opening of two accounts on behalf of the usufructuary parties, failed to disclose facts related to the accounts, and conducted unauthorized trades, which trigged tax liability and blocked access to funds. Relevant period February 25, 2021 through July 5, 2022.