Soreide Law Group is investigating possible investor claims against securities broker Cass J. Jenkins [CRD#: 4304584, Fort Worth, Texas]. Specifically, FINRA BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Merrill Lynch Pierce Fenner Smith Incorporated. Evidently, one or more clients allege sales practice violations in these disputes, including omissions and unsuitable transactions. Here is a brief summary of the disclosures about Jenkins. However, please note that the securities broker denies the allegations.
Cass Jenkins Allegedly Executes Unsuitable Transactions For Merrill Lynch Pierce Fenner Smith Incorporated Client
Evidently, a client of Merrill Lynch Pierce Fenner Smith Incorporated contested Cass Jenkins' sales practices by filing FINRA Arbitration #: 22-00485 on March 8, 2022. Notably, accusations against the securities broker include omissions and unsuitable transactions. Therefore, the client seeks compensatory relief from Merrill Lynch Pierce Fenner Smith Incorporated or Jenkins in the amount of $2,300,000 in this ongoing matter.
Jenkins Allegedly Makes Misrepresentations To Merrill Lynch Pierce Fenner Smith Incorporated Client
Also, a client of Merrill Lynch Pierce Fenner Smith Incorporated contested Cass Jenkins' sales practices, according to a complaint dated July 24, 2014. Notably, accusations against the securities broker include misrepresentations and unsuitable recommendations. Allegedly, the variable annuities that Jenkins sold or recommended resulted in damages. Therefore, the client seeks compensatory relief from Merrill Lynch Pierce Fenner Smith Incorporated or Jenkins in this ongoing matter.
Merrill Lynch Pierce Fenner Smith Incorporated Client Accuses Cass Jenkins Of Misrepresentations
In addition, a Merrill Lynch Pierce Fenner Smith Incorporated client filed a complaint about Cass Jenkins. Particularly, the client alleged misrepresentations. Because of this, the client allegedly sustained damages relating to purchases or sales of auction rate securities (ARSs). Therefore, on April 21, 2008, Merrill Lynch Pierce Fenner Smith Incorporated settled this matter by paying the client $175,000. Still, the broker denies the allegations against him.
Did Merrill Lynch Pierce Fenner Smith Incorporated Securities Broker Jenkins Cause You To Experience Damages?
Have you experienced damages by investing with Cass Jenkins? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Jenkins and the brokerage firms Jenkins has associated with deny any and all allegations of sales practice violations.
