FINRA barred securities broker Jason Mark Kurtz [CRD: 4958219, Denver, Colorado], and investors complained about him, based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Kurtz worked for U.S. Bancorp Investments Inc. from December 2, 2019, to November 4, 2022, Edward Jones from July 25, 2018, to December 3, 2019, and LPL Financial LLC from November 17, 2015, to July 18, 2018. Read on to discover more about the disclosures involving Kurtz and the actions taken by regulators and investors.
FINRA Barred Kurtz For Refusing To Provide Documents
Specifically, on April 1, 2024, FINRA issued Case: 2022076796001 sanctioning Jason Kurtz for infractions. Namely, Kurtz was permanently barred from associating with any FINRA member in all capacities. Evidently, FINRA alleged that Kurtz refused to produce information and documents that the regulator requested.
According to disclosures, the matter originated after Kurtz’s employing firm, U.S. Bancorp Investments Inc., filed a Form U5 stating that he had been discharged for violations of its code of ethics and business conduct relating to misuse of a personal bank account. When FINRA sought information connected to that disclosure, Kurtz did not comply. Without admitting or denying the findings, he consented to an Acceptance, Waiver Consent (AWC) that resulted in a permanent bar starting on April 1, 2024.
Jason Kurtz Disclosed Misrepresentation Allegations By U.S. Bancorp Investments Client
Additionally, a client of U.S. Bancorp Investments Inc. contested Jason Kurtz’s sales practices, according to a complaint. Allegedly, Kurtz made misrepresentations about the terms of a market-linked certificate of deposit. As a result, U.S. Bancorp Investments Inc. opted to settle the matter on February 14, 2023, by compensating the client in the amount of $20,297.26.
Kurtz Disclosed Structured Product Sales Practice Violation Allegations By U.S. Bancorp Investments Inc. Client
Also, a client of U.S. Bancorp Investments Inc. disputed Jason Kurtz’s sales practices, according to a complaint. Allegedly, Kurtz made misrepresentations about safety and access of money from a structured product with a multi-year term. Therefore, U.S. Bancorp Investments Inc. opted to settle the matter on February 1, 2023, by compensating the client in the amount of $50,765.98.
Jason Kurtz Accused Of Misrepresentation By U.S. Bancorp Investments Inc. Client
Specifically, a client of U.S. Bancorp Investments Inc. contested Jason Kurtz’s sales practices, according to a complaint. Allegedly, Kurtz made misrepresentations by telling the client that they would get a six percent return each year on their investment. Consequently, U.S. Bancorp Investments Inc. opted to settle the matter on December 28, 2022, by compensating the client in the amount of $15,068.20.
Did You Invest With Securities Broker Kurtz?
Do you have concerns or questions regarding investments you made with Jason Kurtz? You should contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a potential recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Kurtz and brokerage firms Kurtz worked for deny allegations of sales practice violations.
