Bertram Unger Barred By FINRA, Linked To Edward Jones Investor’s Unauthorized Trading Complaint

FINRA barred securities broker Bertram Brasher Unger (also known as Bill Unger) [CRD: 2334575, Jupiter, Florida], and investors complained about him, based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Unger worked for Edward Jones from April 22, 2019, to June 29, 2022. Investors are encouraged to continue reading to find out more about the client complaints and regulatory matters disclosed on Unger’s record.

FINRA Sanctioned Bill Unger For Failure To Respond To FINRA

Evidently, on September 5, 2023, FINRA issued Case: 2022076343201 sanctioning Bertram Unger. According to FINRA, the regulatory action stemmed from Unger’s failure to request termination of his suspension within three months of FINRA’s Notice of Suspension dated May 31, 2023, and a subsequent notice dated June 26, 2023. As a result, under FINRA Rule 9552(h), Unger was automatically barred from association with any FINRA member firm in all capacities.

Edward Jones Investor Accused Bertram Unger Of Unauthorized Trading

Also, a client filed a complaint about Bertram Unger. Primarily, the client alleged that Unger engaged in unauthorized trading when trades placed on February 8, 2021, were not authorized. For this reason, the client allegedly incurred damages related to stocks. Consequently, on September 15, 2023, Edward Jones settled this matter by paying the client $14,878 in damages.

Bill Unger Disclosed Unauthorized Trading Allegations By Edward Jones Client

Notably, a client of Edward Jones contested Bertram Unger’s sales practices, according to a complaint. Allegedly, Unger engaged in unauthorized trading by selling more securities than the client had instructed. It appears that Unger caused the client to incur damages relating to stocks. Therefore, Edward Jones opted to settle the matter on September 30, 2022, by compensating the client in the amount of $10,585.45.

Did You Sustain Losses Because Of Securities Broker / Financial Advisor Bertram Unger?

Did you experience losses because of Bertram Unger? Get in touch with Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Unger and brokerage firms Unger worked for deny allegations of sales practice violations.