Investigation Into Broker Jason Hawke

Soreide Law Group is currently investigating potential claims on behalf of investors who may have incurred losses due to the actions of securities broker Jason Steven Hawke (also known as J. Steven Hawke) [CRD#: 4177415, Meridian, Idaho]. Evidently, Hawke is registered with D.H. Hill Securities, LLLP since October 2020, and Hawke Financial Group since September 2019. Previously, he worked for National Asset Management Inc. from December 2011 to March 2019, and National Securities Corporation during the same period, both located in Meridian, ID. Notably, investors brought disputes about Hawke alleging unsuitable investment recommendations. Additionally, Hawke faced sanctions from the Idaho Department of Finance.

Hawke Disclosed Unsuitable Recommendations Allegations By National Securities Corp Client

Particularly, a client of National Securities Corp contested Jason Hawke's sales practices by filing FINRA Arbitration: 20-00790. Supposedly, Hawke made investment recommendations that were unsuitable for the client in question. It appears that Hawke's advice led the client to incur losses on private placement investments. Therefore, National Securities Corp opted to settle the matter on October 7, 2021, by compensating the client in the amount of $45,000.

Jason Hawke Sanctioned By Idaho Department Of Finance For Violating Policies And Procedures

Specifically, the Idaho Department of Finance issued Case: 2019-7-06 on September 27, 2019, sanctioning Jason Hawke for infractions. Supposedly, Hawke did not adhere to policies and broke FINRA Rule 3280 when he failed to notify National Securities Corporation in advance of engaging in private securities transactions. As a result, Hawke was directed to cease such actions immediately, was fined $10,000, and suspended for a period of 30 days starting from September 1, 2019, until September 30, 2019.

Hawke Discharged For Engaging In Unauthorized Private Securities Transactions

Also, Glynn Perryman disaffiliated with Jason Hawke on March 20, 2019. Supposedly, Hawke engaged in private securities transactions without providing the firm with prior notification, as was required by the firm's policies and procedures. Similarly, National Asset Management Inc. discharged Hawke on the same date for the same reasons. Hawke stated that he did not solicit or engage in any private securities transactions with clients. He also mentioned that he had been approved for real estate investments as an outside business activity and believed no further notice to the firm was required.

JP Turner Company LLC Investor Accused Jason Hawke Of Misrepresentation

Moreover, a JP Turner Company LLC client filed FINRA Arbitration: 14-01566 about Jason Hawke. Evidently, the client alleged that Hawke engaged in unsuitability, misrepresentation, negligence, and breach of fiduciary duty. Because of this, the client allegedly sustained damages involving penny stocks, real estate securities, and private placements. Therefore, on May 28, 2015, JP Turner Company LLC settled this matter by paying the client $17,500 in damages.

Hawke Disclosed Unsuitability Allegations By LPL Financial Client

Also, a client of LPL Financial contested Jason Hawke's sales practices by filing FINRA Arbitration: 12-03893. Supposedly, Hawke advised the client to purchase an unsuitable investment product, specifically the Inland Western REIT, in 2004. It appears that Hawke caused the client to sustain damages on this real estate investment trust. Therefore, LPL Financial opted to settle the matter on December 30, 2013, by compensating the client in the amount of $2,000.

Seek Legal Counsel If You've Suffered Losses

Did you experience losses because of Jason Hawke? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Hawke and brokerage firms he worked for deny accusations of sales practice violations.