Investors potentially incurred losses because of securities broker Jonathan Hilton Malinger [CRD: 5201626, Pasadena, California], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Malinger has been registered with Wedbush Securities Inc. since February 18, 2022. Read below to learn more about Malinger’s disclosures and what they might mean for affected investors.
A breach of fiduciary duty regarding bond trading occurs when a securities broker or financial advisor fails to act in the client’s best interests. This can include recommending bonds that do not match the client’s financial goals, exposing clients to unnecessary risks, or failing to disclose important details about the bonds being purchased. When fiduciaries do not uphold these obligations, investors may unknowingly face losses they should have been protected from.
Particularly, on September 5, 2025, a Wedbush Securities Inc. client filed FINRA Arbitration No. 25-01850 about Jonathan Malinger. Primarily, the client alleged that Malinger committed financial elder abuse, breached his fiduciary duty, and was negligent. The claim also alleged violations of California law and FINRA rules and regulations. Because of this, the client allegedly experienced damages linked to corporate bonds and municipal bonds. As a result, the client requested compensation from Wedbush Securities Inc. or Malinger. It appears that this arbitration is awaiting a resolution.
Are you concerned regarding investments you made with Jonathan Malinger? You can contact Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Malinger and brokerage firms Malinger worked for deny accusations of sales practice violations.
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