Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jenny Powell (Powell), previously associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Powell 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 $14,229,000.00 on April 04, 2024.
On April 4, 2024 and July 9, 2024, High Speed Alliance LLC (“HSA”) received customer complaints related to the recommendation of a potential franchise opportunity, WaterStation Technology, a water vending machine franchise. Ms. Powell was named in the customer complaints. The complaints alleged that HSA breached its fiduciary duty and failed to disclose a material conflict related to the recommendation. All complaints were settled in mediation before any arbitration or civil complaint was initiated. HSA and Ms. Powell deny all liability related to these claims.