Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Murphy (Murphy), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Murphy recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $160,000.00 on March 25, 2024.
Customer alleges that investment account was to have very little risk, and that registered representative advised customer that investing in a certain stock in 2019 and 2020 had almost no risk, which resulted in losses.