Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jack Jones (Jones), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Jones 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 $100,000.00 on November 22, 2021.
CLAIMANTS ALLEGE THAT A RECOMMENDATION OF A PRIVATE PLACEMENT INVESTMENT DID NOT MEET THEIR NEEDS AND OBJECTIVES, WAS NOT ADEQUATELY DISCLOSED, AND THAT THE FIRM DID NOT CONDUCT ADEQUATE DUE DILIGENCE ON THE OFFERING.