FINRA Bars Jonathan Way

Soreide Law Group is investigating possible investor claims against securities broker Jonathan Walter Way [CRD: 1126849, Napa, California]. Notably, FINRA sanctioned the securities broker, who worked for Wedbush Securities Inc. Allegedly, Way failed to comply with FINRA in a probe. Here is a brief summary of FINRA’s allegations against Way.

FINRA Sanctions Way For Failure To Provide Information

Notably, FINRA issued Case: Acceptance, Waiver, and Consent No. 2022076025501 on June 29, 2023, sanctioning Jonathan Way for infractions.

Way, without accepting or negating the accusations, agreed to the penalties and to the entry of findings that he declined to provide the necessary documents and information that FINRA requested during an inquiry. The origins of this issue can be traced back to a Form U5 that Way's associated firm submitted. This form indicated that Way was allowed to step down while an in-house assessment was being conducted into possible sales practice violations. While Way did initially respond to FINRA's primary request, he eventually chose not to furnish the required documents and information.

Wedbush Securities Inc. Investor Accused Jonathan Way Of Unauthorized Trading

Notably, on December 7, 2022, a Wedbush Securities Inc. client filed FINRA Arbitration: 22-02793 about Jonathan Way. Namely, the client alleged that Way engaged in unauthorized trading, engaged in excessive trading and unsuitable trading. Because of this, the client allegedly sustained damages on over-the-counter equities. Therefore, the client requested $1,000,000 in compensation from Wedbush Securities Inc. or Way. Evidently, this arbitration is pending a resolution.

Employment Information

Jonathan Way worked for Wedbush Securities Inc. as a securities broker from 2002 to 2022.

Did Wedbush Securities Inc. Securities Broker Jonathan Way Cause You To Experience Damages?

Did you experience damages because of Jonathan Way? If so, get in touch with Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, a firm that has recovered money for investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Way and brokerage firms Way worked for deny accusations of sales practice violations.