DID THEODORE WILLIAM JOHNSON CAUSE YOU INVESTMENT LOSSES?
About Theodore Johnson formerly with NBC Securities, Inc?
Theodore Johnson (CRD #4716433) is not currently registered as a broker. Over his career, he was associated with several firms, including NBC Securities, Inc., JHS Capital Advisors, LLC, and RBC Capital Markets, LLC, with registrations dating from November 2003 to April 2020. Johnson has passed two general industry/product exams and one multi-state securities law exam, indicating his qualifications to operate within various regulatory frameworks. His professional history reflects a lengthy tenure in the financial services industry, primarily based in Minnesota.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Theodore Johnson Customer Complaints and Reviews
Theodore W. Johnson has two reported disclosure events:
- Criminal: On January 9, 1999, Johnson faced misdemeanor charges including fifth-degree assault and minor consumption, with a final disposition on January 19, 1999. The assault charge led to a sentence of 90 days in jail, one-year probation, and a requirement to complete an anger management class. The charge of giving false information to a peace officer was dismissed.
- Customer Dispute (Closed-No Action / Withdrawn / Dismissed / Denied): A customer dispute filed on January 24, 2019, involved a complaint regarding the suitability of a mutual fund recommended in 2011. The client questioned the risk associated with the fund, claiming damages of $6,219. The complaint was denied on January 28, 2019, after the firm’s review did not support the client’s claims.
Allegations Against Theodore Johnson
- Criminal Actions:
- Fifth-Degree Assault: Guilty; sentenced to 90 days in jail, one-year probation, and an anger management class.
- Minor Consumption: Guilty; sentenced to 5 days of service and a $300 fine.
- False Information to a Peace Officer: Not guilty; charge dismissed.
- Customer Complaints:
- Unsuitability: The allegation involved a client’s concern about the risk level of a mutual fund purchased in 2011. The firm reviewed the claim and concluded there was no basis for the complaint, leading to its denial.
Theodore Johnson Red Flags & Your Rights As An Investor
Of course, Theodore Johnson did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Theodore Johnson at NBC Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Theodore Johnson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NBC Securities, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At NBC Securities, Inc. Due To Theodore Johnson
If you have questions about NBC Securities, Inc. and/or Theodore Johnson and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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