Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marcus Johnson (Johnson), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Johnson 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 $400,000.00 on April 23, 2020.
The Claimant, a living trust, alleges that the trustor was not an authorized party on the trust account the trustor opened, and therefore, the trustor was not authorized to give the financial advisor instruction to withdraw $400,000.00 from the account in early 2020.