Soreide Law Group is currently investigating potential claims on behalf of investors who may have experienced financial losses through the actions of Richard W. Jackman (also known as Rich Jackman) [CRD: 2501641, Orange, California]. Particularly, Jackman has been registered with Crown Capital Securities L.P. as both a broker and an investment adviser since December 19, 2014, and November 30, 2015, respectively. Moreover, he has also been affiliated with Secura Financial since January 11, 2007. Specifically, Jackman has faced allegations of unsuitable investment strategy and other matters in FINRA Arbitrations, which have resulted in settlements. Here's more.
Evidently, a client of Crown Capital Securities L.P. filed FINRA Arbitration #: 22-01882 about Rich Jackman. Jackman supposedly engaged in an unsuitable investment strategy. The client also alleged that he omitted essential details, provided incorrect and misleading information, and did not conduct adequate due diligence on recommended investments. As a result of these actions, the client reportedly experienced damages on non-traded REIT products. Consequently, Crown Capital Securities opted to settle the case on August 30, 2023, for $40,000 in damages. It should be noted that Rich Jackman did not contribute to the settlement amount and maintains that the allegations had no merit.
A client who interacted with Rich Jackman while he was employed at J.W. Cole Financial Inc; LPL Financial LLC; and Crown Capital Securities L.P. contested Jackman's practices by filing FINRA Arbitration #: 20-00558. The client alleged that Jackman misrepresented unsuitable investments in real estate security products. The client estimated damages to be around $4,000,000. Eventually, on June 10, 2021, the matter was settled for $205,000. Rich Jackman did not contribute to this settlement amount.
Did you experience losses because of Rich Jackman? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. The firm works on a contingency fee basis, and advances all costs. Jackman and the brokerage firms he has worked for deny accusations of sales practice violations.
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