January 3, 2014

Idaho Broker Barred by FINRA over Allegations of Misappropriation of $600K

Soreide Law Group, (888) 760-6552, has obtained the following summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, December, 2013.”

Joann Jackson (CRD #2246952, Registered Representative, Coeur d’Alene, Idaho)

was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Joann Jackson consented to the described sanction and to the entry of findings that she failed to respond to FINRA requests for documents and information, and to appear for testimony. This request was regarding alleged misrepresentation to her firm about borrowing money from a client, the nature of funds transfers, and failure to respond to her firm requests for information regarding a client's complaint.

FINRA's findings stated that the firm’s Form U5 disclosed a customer dispute over allegations that Jackson misappropriated funds in the amount of $693,083.76. Also, according to FINRA's findings, Jackson’s counsel informed FINRA that she would not respond to FINRA’s requests for documents, information and testimony.
(FINRA Case #2013038527601)

Joann Jackson was previously registered with the following FINRA firm(s):

MOLONEY SECURITIES CO., INC. (CRD# 38535) - COUER D' ALENE, ID
07/2004 - 10/2013

A. G. EDWARDS & SONS, INC. (CRD# 4) - ST. LOUIS, MO
11/1997 - 07/2004

D.A. DAVIDSON & CO. (CRD# 199) - GREAT FALLS, MT
04/1994 - 11/1997

This ends the information from FINRA’s website.

Soreide Law Group represents clients nationwide in arbitrations before FINRA. For a free consultation on how to potentially recover your investment losses call: 888-760-6552.

Recent Posts

March 28, 2024
Al Lovelace In Investor Disputes Over Annuity Misrepresentation

Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Al Stephen Lovelace [CRD: 2393766, Rutherfordton, North Carolina], given the disclosures on FINRA BrokerCheck. Evidently, Lovelace has worked for Equitable Advisors LLC since December 27, 2016, and worked previously at AXA Advisors LLC from October 2, 2008, to […]

March 28, 2024
KAREN CHUNG of WESTERN INTERNATIONAL

Soreide Law Group is conducting an investigation into WESTERN INTERNATIONAL SECURITIES, INC. of Pasadena, California, financial advisor, KAREN TRAN CHUNG (KAREN CHUNG). According to FINRA’s  BrokerCheck, KAREN CHUNG, has been in the securities industry for 20 years and has been listed with 4 firms.  She is currently listed with, WESTERN INTERNATIONAL SECURITIES, INC., 70 S. […]

March 26, 2024
Stifel Fined $400K by FINRA

According to a recent article in Wealth Management, Stifel will pay over $400,000 to settle FINRA disciplinary charges that the firm allegedly did not properly supervise one of their registered representatives who misappropriated over $100,000 from an elderly client. Stifel agreed to the penalties without admitting or denying FINRA’s findings. In addition to a $400,000 penalty, Stifel […]

Contact us Nationwide USA
2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062
Helping clients recover money across the USA
search
Copyright © 2022 Soreide Law Group, PLLC  |  All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram