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.
Investors apparently complained about securities broker Eilier Teruel (also known as Eilier Perez) [CRD: 6831230, Chattanooga, Tennessee], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Eilier Teruel has worked for Merrill Lynch since July 29, 2019. Read on to find out more about disclosures involving this securities broker. Merrill Lynch Investor Accused Eilier […]
Investors may have suffered financial harm by securities broker Benjamin Isaac Carmona (also known as Ben Carmona) [CRD: 5120428, San Juan Capistrano, California], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carmona worked for Emerson Equity LLC from August 7, 2020, to August 15, 2023, Arkadios Capital from August 9, 2023, […]
Investors potentially experienced sales practice violations by securities broker John Michael McArthur [CRD: 4389397, St. Louis, Missouri], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mr. McArthur has been registered with Krilogy since February 24, 2012, and with Saxony Securities Inc. since November 28, 2014. Readers should continue reviewing this information to find […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com