DID JASON LAWRENCE MIERAS CAUSE YOU INVESTMENT LOSSES?
Jason Mieras Of American Portfolios Financial Services, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct
About Jason Mieras of American Portfolios Financial Services, Inc.?
Jason Mieras (CRD #2850648) has an extensive background in the securities industry, currently employed by American Portfolios Financial Services, Inc. as a registered broker in New Jersey and American Portfolios Advisors, Inc. as an investment advisor in New York. He has been registered with these firms since 2001 and 2002, showcasing a long-term commitment to his current establishments. Mieras is licensed in 45 U.S. states and territories, reflecting a broad professional reach. His qualifications include passing 2 principal/supervisory exams, 2 general industry/product exams, and 2 multi-state securities law exams, which underscores his comprehensive understanding of securities regulations and practices.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jason Mieras Customer Complaints and Reviews
Jason Mieras’s record contains several disclosures that may concern potential investors:
- Customer Disputes (3 incidents):
- Settled Dispute: In a case involving a lapse of an insurance policy due to non-payment of premiums, a settlement of $600,000 was reached on June 9, 2017. Mieras did not contribute personally to the settlement.
- Denied Dispute: A complaint received on July 21, 2023, alleging unsuitable equity recommendations resulting in market losses, was denied after it was determined the client made unsolicited purchases which exacerbated the losses.
- Pending Dispute: Currently, there is an unresolved dispute from March 22, 2024, regarding alleged misrepresentation of two variable annuities and unsuitable investment recommendations, with alleged damages amounting to $114,000.
Allegations Against Jason Mieras
- Regulatory Actions:
- No regulatory actions reported.
- Customer Complaints:
- Allegations of failing to maintain premium payments leading to a policy lapse, which was settled with the insurance company covering most of the settlement.
- Claims of making unsuitable investment recommendations that led to significant financial losses were denied based on the finding that the client acted beyond the advisor’s initial recommendation.
- Currently pending allegations involve misrepresentation and unsuitable advice regarding annuities and other investments.
Jason Mieras Red Flags & Your Rights As An Investor
Of course, Jason Mieras 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 Jason Mieras at American Portfolios Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Jason Mieras has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at American Portfolios Financial Services, Inc. also raises questions about the brokerage firms’ 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 American Portfolios Financial Services, Inc. Due To Jason Mieras
If you have questions about American Portfolios Financial Services, Inc. and/or Jason Mieras 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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