Jason Shelby In FSC Client Disputes Over Alleged Unsuitable Advice

Investors complained about financial advisor / securities broker Jason A. Shelby [CRD: 4589734, Memphis, Tennessee], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Jason Shelby worked for FSC Securities Corporation from October 19, 2006, to November 3, 2023, and has worked for Osaic Wealth Inc. since November 3, 2023. Keep reading to learn more about the disclosures involving Jason Shelby.

FSC Securities Corporation Investor Accused Shelby Of Overconcentration

Specifically, an FSC Securities Corporation client filed FINRA Arbitration No. 20-01064 about Jason Shelby. Mainly, the client alleged overconcentration in real estate investment trusts and alternative investments. Because of this, the investor supposedly sustained damages. As a result, on January 3, 2022, FSC Securities Corporation settled this matter by paying the client $286,913.28 in damages.

Jason Shelby Disclosed Unsuitable Recommendations Allegations By FSC Securities Corporation Client

Particularly, a client of FSC Securities Corporation contested Jason Shelby’s sales practices by filing FINRA Arbitration No. CT-002492-16. Notably, the investor alleged unsuitable recommendations. Allegedly,  Shelby caused the client to sustain damages on variable annuities. Therefore, FSC Securities Corporation opted to settle the matter on December 20, 2016, by compensating the client in the amount of $40,000.

Did You Sustain Losses Because Of Securities Broker Shelby?

Did you suffer financially because of Jason Shelby? If so, contact Soreide Law Group online or at (888) 760-6552 and speak to a securities lawyer about a potential recovery of your investment losses. Soreide Law Group investment loss recovery lawyers help individuals throughout the United States, work on a contingency fee basis, and advance all costs. Shelby and the brokerage firms Shelby worked for deny accusations of sales practice violations.