Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jordan Schmidt (Schmidt), currently associated with the Leaders Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Schmidt 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 $1,000,000.00 on March 12, 2024.
Client invested in a 12% interest bearing note paying 1% per month in June 2021. In January 2023, client renewed the note. In December 2023, CUMF filed for bankruptcy and defaulted on payment.