DID MATTHEW H BEGGS CAUSE YOU INVESTMENT LOSSES?
About Matthew Beggs of Edward Jones?
Matthew Beggs (CRD #4627828) is a seasoned broker currently registered with Edward Jones at their Enfield, CT branch since February 25, 2022. Throughout his career, Beggs has been affiliated with several firms, showcasing a diverse experience across the industry. He has passed three general industry/product exams and two multi-state securities law exams, illustrating a robust understanding of securities and investment practices. Additionally, he holds registrations with four Self-Regulatory Organizations (SROs) and is licensed in 17 U.S. states and territories. His previous registrations include The Leaders Group, Inc., Saybrus Equity Services, Inc., and others, indicating a breadth of experience in various market environments.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Matthew Beggs Customer Complaints and Reviews
Matthew Beggs’ report includes one customer dispute:
- Type of Dispute: Customer Dispute
- Details: A complaint was lodged against Beggs and Edward Jones concerning a converted investment that led to unexpected capital gains tax for the client. The complaint, received on April 16, 2024, was settled for $8,946, with Beggs contributing $500 towards the resolution.
- Date Complaint Settled: June 4, 2024
- Outcome: The dispute was settled monetarily, and it involved allegations of not acting in the best interest of the client concerning investment advice.
Allegations Against Matthew Beggs
- Incident: Customer Dispute
- Details: The client alleged that the financial advisor and the firm did not act in the best interest of the client with respect to a converted investment, resulting in capital gains tax liabilities.
- Alleged Damages: $11,109
- Settlement Amount: $8,946
- Advisor’s Contribution: $500
- Outcome: The dispute was resolved by a monetary settlement
Matthew Beggs Red Flags & Your Rights As An Investor
Of course, Matthew Beggs 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 Matthew Beggs at Edward Jones on alert to review carefully the activity and performance of their accounts and question whether Matthew Beggs has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Edward Jones 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 Edward Jones Due To Matthew Beggs
If you have questions about Edward Jones and/or Matthew Beggs 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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