Investors have reportedly disputed the sales practices of securities broker Jan Peter Cummins [CRD: 718836, Radnor, Pennsylvania], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Jan Cummins worked for Janney Montgomery Scott LLC from January 17, 2003, to the present as a securities broker and from August 8, 2005, to the present as a financial advisor. Read on to discover more about disclosures involving Jan Cummins.
Evidently, on September 19, 2023, a Janney Montgomery Scott LLC client filed a complaint about Jan Cummins. Mainly, the client alleged that Cummins engaged in unauthorized trading by purchasing CDs in a trust account without the trustee’s authorization in February 2023. Because of this, the client allegedly incurred damages. Therefore, the client requested $14,693 in compensation from Janney Montgomery Scott LLC or Cummins. The complaint was denied on February 14, 2024.
Additionally, a client of Janney Montgomery Scott LLC disputed Jan Cummins’s sales practices, according to a complaint. Allegedly, Cummins made misrepresentations involving a market-linked structured product. It appears that Cummins allegedly caused the client to experience damages. As a result, Janney Montgomery Scott LLC opted to settle the matter on June 25, 2021, by compensating the client.
Also, on June 25, 2004, a Janney Montgomery Scott LLC client filed a complaint about Jan Cummins. Primarily, the client alleged that Cummins made misrepresentations. For this reason, the client allegedly sustained damages on corporate bonds. Consequently, the client requested $16,000 in compensation from Janney Montgomery Scott LLC or Cummins. The firm denied the claim. There was reportedly no further action by the client.
Particularly, a client of Shearson Lehman Brothers Inc. contested Cummins’ sales practices by filing NYSE Arbitration No. 1993-003152. Allegedly, Cummins failed to follow instructions and made unsuitable recommendations involving Westinghouse stock. It appears that Cummins allegedly caused the client to incur damages. Therefore, FINRA Arbitrators issued an Award dated September 13, 1993 compelling Shearson Lehman Brothers Inc. or Cummins to compensate the client.
Are you worried about investments you made through Jan Cummins? Get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for individuals throughout the United States. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Cummins and brokerage firms Cummins worked for deny allegations of sales practice violations.
NAFISSA DIALLO has been permanently barred from acting as a broker or otherwise associating with a broker/dealer firm with a start date of 2/23/2026. Diallo was previously registered both as a broker and as an investment advisor with WELLS FARGO CLEARING SERVICES, LLC of Washington DC from 11/14/2019 - 01/08/2026. According to FINRA’s BrokerCheck, available […]
Investors apparently complained about securities broker Zvi Yehuda Rosenzweig (also known as Yudi Rosenzweig) [CRD: 4110421, Southfield, Michigan], based on disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Zvi Rosenzweig has been registered with LPL Financial LLC since September 29, 2025, and previously worked for MML Investors Services LLC. See the following information to […]
Investors have reportedly disputed the sales practices of securities broker Jan Peter Cummins [CRD: 718836, Radnor, Pennsylvania], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Jan Cummins worked for Janney Montgomery Scott LLC from January 17, 2003, to the present as a securities broker and from August 8, 2005, to the present […]
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