Investors might have sustained losses due to securities broker Jason Kimber [CRD: 6244188, Logan, Utah], based on disclosures on Financial Industry Regulatory Authority BrokerCheck. Jason Kimber worked for J.W. Cole Financial Inc. beginning May 8, 2018, and later became registered with J.W. Cole Advisors Inc. starting November 24, 2020. The information below summarizes client disputes disclosed on BrokerCheck involving Kimber.
Particularly, a J.W. Cole Advisors Inc. client filed Civil Action No. 240100368 concerning Jason Kimber. The client alleged that an alleged scheme was operated by a representative away from the firm and claimed that Kimber was involved in activities connected to that conduct. Consequently, on April 10, 2025, J.W. Cole Advisors Inc. resolved the matter by paying the client $1,650,000 in damages.
Also, a client of Summit Brokerage Services Inc., Allegis Investment Services LLC, and J.W. Cole Financial Inc. disputed Kimber’s conduct by filing Civil Action No. 230701443 on June 18, 2024. The client alleged that, while affiliated with multiple firms, Kimber indirectly benefited from an alleged scheme operated through an unaffiliated business and failed to recognize it as such. The client alleged damages of approximately $860,000. This matter remains pending in Utah state court.
Evidently, a J.W. Cole Financial Inc. client filed FINRA Arbitration No. 24-00290 regarding Jason Kimber. Mainly, the client alleged that Kimber was indirectly involved in activities connected to an alleged scheme carried out by a representative away from the firm. For this reason, the client allegedly sustained damages. Therefore, on April 10, 2025, J.W. Cole Financial Inc. settled this matter by paying the client $1,650,000 in damages.
Specifically, a client of J.W. Cole Financial Inc. contested Kimber’s sales practices by filing FINRA Arbitration No. 24-00291. Allegedly, Kimber was indirectly involved in activities related to an alleged scheme operated away from the firm by a former representative. It appears that Kimber allegedly caused the client to incur damages. As a result, J.W. Cole Financial Inc. opted to settle the matter on April 10, 2025, by compensating the client in the amount of $1,650,000.
Did you suffer any investment-related losses because of Jason Kimber? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Kimber and the brokerage firms Kimber worked for deny accusations of sales practice violations.
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