DID JOSEPH DEWEY JACKSON CAUSE YOU INVESTMENT LOSSES?

Joseph Jackson Of Capital Investment Group, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct.

About Joseph Jackson of Capital Investment Group, Inc.?

Joseph Jackson (CRD #2351290) has been active in the securities industry since 1993 and is currently employed with Capital Investment Group, Inc. since September 18, 2015 as a registered broker, and joined Capital Investment Advisory Services on January 14, 2022 as an investment adviser. His prior experience includes positions at Cape Fear Securities, LPL Financial, Wachovia Securities, and Morgan Stanley. Mr. Jackson holds licenses in seven U.S. states and territories and is registered with one self-regulatory organization (FINRA). He has passed four principal/supervisory exams, three general industry/product exams, and two multi-state securities law exams.

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Joseph Jackson Customer Complaints and Reviews

Five customer disputes were noted: two settled disputes one dismissed dispute two pending disputes

• Settled Dispute #1
• Complaint: Breach of fiduciary duty, negligence, and violation of Regulation Best Interest related to investments in GWG Holdings L-Bonds.
• Claimed Damages: $100,000.
• Settlement Amount: $45,000 (Mr. Jackson contributed $22,500).
• Settled Dispute #2
• Complaint: Unsuitability and failure to inform about a rider deadline on an Ohio National annuity.
• Claimed Damages: $400,000.
• Settlement Amount: $150,000 (Mr. Jackson contributed $5,000).
• Dismissed Dispute
• Complaint: Misrepresentation of a variable annuity as a fixed annuity, leading to losses.
• Claimed Damages: $56,000.
• Outcome: Denied by the firm.
• Pending Dispute #1
• Complaint: Breach of fiduciary duty, negligence, and misrepresentation related to investments in GWG L-Bonds.
• Claimed Damages: $300,000.
• Status: Ongoing arbitration with FINRA (Case #24-00490).
• Pending Dispute #2
• Complaint: Similar to the first pending case, involving breach of fiduciary duty and negligent misrepresentation.
• Claimed Damages: $185,000.
• Status: Ongoing arbitration with FINRA (Case #23-02324).

Allegations Against Joseph Jackson

• Settled Cases:
• Two cases were resolved with settlements totaling $195,000. Mr. Jackson contributed $27,500 to these settlements, maintaining that the recommendations were suitable at the time. He attributed part of the issues to inaccurate financial disclosures by GWG Holdings and emphasized that one annuity was sold by another advisor.
• Dismissed Case:
• A claim regarding misrepresentation of a variable annuity was denied. Mr. Jackson stated that the client had full knowledge of the investment’s nature and dismissed the claim as unfounded.
• Pending Cases:
• The two pending disputes involve allegations related to GWG Holdings L-Bonds, with damages claimed of $485,000 combined.

Joseph Jackson Red Flags & Your Rights As An Investor

Of course, Joseph Jackson 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 Joseph Jackson at Capital Investment Group, Inc. on alert to review carefully the activity and performance of their accounts and question whether Joseph Jackson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Capital Investment Group, 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 Capital Investment Group, Inc. Due To Joseph Jackson

If you have questions about Capital Investment Group, Inc. and/or Joseph Jackson 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.

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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