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.
JOSEPH KELLY (JOE KELLY) has been registered as a broker with VCS VENTURE SECURITIES of New York, NY since 6/17/2026. He was previously registered with SPARTAN CAPITAL SECURITIES LLC of New York, NY from 01/13/2017 - 12/18/2024. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOSEPH KELLY has 21 years of experience […]
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