FINRA sanctioned securities broker Luis S. Jean-Bart (also known as Luis S. Veanbart) [CRD: 5472965, Cranbury, New Jersey], and investors complained about him, given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Luis Jean-Bart worked for PFS Investments Inc. from September 17, 2009, to February 22, 2024, when the firm terminated him in connection with allegations tied to a state court complaint involving investor losses. Investors are encouraged to continue reading to discover more about the disclosures involving this securities broker.
Specifically, on November 19, 2025, FINRA issued Case: 2023080015803 sanctioning Luis Jean-Bart for infractions. Specifically, Jean-Bart was suspended for ten months and fined $5,000. Notably, FINRA alleged that Jean-Bart failed to timely provide information and documents requested during an investigation.
FINRA’s investigation related to possible involvement in crypto asset investments outside of PFS Investments Inc. Under FINRA Rule 8210, brokers must provide requested information. According to FINRA, Jean-Bart did not fully respond to multiple requests, even after extensions.
FINRA suspended Jean-Bart beginning August 5, 2024, for noncompliance. Although he later submitted materials and had the suspension lifted on October 14, 2024, additional documents were still missing and not provided until February 21, 2025. FINRA found this conduct violated Rules 8210 and 2010.
Additionally, on August 30, 2023, a PFS Investments Inc. client filed Civil Action No. HUD L003054-23 about Luis Jean-Bart. Mainly, the client alleged that Jean-Bart caused the plaintiffs to participate in an investment club run by a third party, which allegedly resulted in losses. For this reason, the client allegedly sustained damages. Therefore, the client requested $1,400,000 in compensation from PFS Investments Inc. or Jean-Bart. It appears that this civil suit awaits a resolution.
Did you experience losses because of Luis Jean-Bart? Get in touch with Soreide Law Group online or at (888) 760-6552 and consult with a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Jean-Bart and brokerage firms Jean-Bart worked for deny any allegations of sales practice violations.
Steven Graham (CRD 1977736) denies the allegations in a pending customer claim filed on August 11, 2026. The disclosure names Western International Securities as the firm, and the claim involves corporate bonds. No arbitrator has ruled on it. His BrokerCheck report also lists a settled bond dispute and a federal court matter from earlier years.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
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