DID JORDAN AWOYE CAUSE YOU INVESTMENT LOSSES?
About Jordan Awoye of Weild & Co.?
Jordan Awoye (CRD #6600772) is currently employed by Awoye Capital, LLC in Bay Shore, New York, where he has served as managing member and investment advisor representative since January 2021. He also holds a position with Weild & Co. as a registered broker in New York, NY, as of January 2023. Previously, he was registered with Equitable Advisors, LLC from March 2016 to January 2021, where he gained experience as an investment advisor representative and registered broker. Awoye has passed a total of five exams, including one principal/supervisory exam and three general industry/product exams, such as the Series 24 General Securities Principal Examination and the Series 66 Uniform Combined State Law Examination. 90
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jordan Awoye Customer Complaints and Reviews
Jordan Awoye has one customer dispute currently in litigation. Key details of the dispute include:
- Customer Dispute: A customer dispute filed in federal court in New Jersey on July 8, 2024, alleges that the claimant’s account at Equitable Advisors, LLC was closed, and funds were transferred to an external account without the claimant’s consent. The dispute, involving an amount of $310,000, remains unresolved as of the date of this report.
- Customer Dispute Served: July 8, 2024
- Complaint: The claimant alleges that their Equitable account was closed, and funds were transferred to an external account without consent or knowledge.
- Product Type: Mutual fund (initially); transitioned to a brokerage investment account at Charles Schwab.
- Damages: $310,000
- Status: Pending in federal court, United States District Court, New Jersey, case no. 24-CV-02747-EP-JSA.
Allegations Against Jordan Awoye
The allegations in the pending dispute involve unauthorized account management.
- Nature of Allegations: The client asserts that their investment account was moved from Equitable to an external account at Charles Schwab without proper authorization. Awoye maintains that he notified the clients of the transition when he established Awoye Capital, and documentation shows both clients signed transfer forms to move their account to Charles Schwab.
- Timeline of Events: The transition was documented on February 10, 2021. Awoye was removed as an advisor from the account on January 19, 2022, and the claim was filed in 2024.
- Damages: The claimant seeks $310,000 in damages, arguing unauthorized activity on their account.
Jordan Awoye Red Flags & Your Rights As An Investor
Of course, Jordan Awoye 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 Jordan Awoye at Weild & Co. on alert to review carefully the activity and performance of their accounts and question whether Jordan Awoye has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Weild & Co. 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 Weild & Co. Due To Jordan Awoye
If you have questions about Weild & Co. and/or Jordan Awoye 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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