DID ROBERT MICHAEL JONES CAUSE YOU INVESTMENT LOSSES?
Robert Jones Of Edward Jones Has 2 Customer Complaints For Alleged Broker Misconduct
About Robert Jones of Edward Jones?
Robert Jones (CRD #4469629) is currently employed with Edward Jones in Russellville, Alabama, where he has been registered since January 2002. His career in the financial services industry spans over two decades, including a brief registration with Wachovia Securities, LLC in August 2008. Jones is registered with four Self-Regulatory Organizations (SROs) and holds licenses in 17 U.S. states and territories. He has successfully passed two general industry/product exams and one multi-state securities law exam, reflecting his broad qualifications in securities and investment services.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Robert Jones Customer Complaints and Reviews
Robert Jones has two customer disputes recorded:
- Customer Dispute 1 (Settled)
- Filed: August 7, 2014
- Allegations: The client alleged misrepresentation related to the purchase of mutual funds in June 2014.
- Outcome: The dispute was settled on September 22, 2014, for $3,762.00. Jones did not contribute personally to the settlement.
- Customer Dispute 2 (Pending)
- Filed: June 28, 2024
- Allegations: The client alleges that Jones failed to follow instructions in 2020 to remove a Power of Attorney (POA) from an account. Additionally, the client raised concerns regarding investments in an account over which they had no authority.
- Current Status: The dispute is currently pending, with alleged damages amounting to $300,000.
Allegations Against Robert Jones
- Misrepresentation of Investment Products: In the 2014 settled dispute, Jones was accused of misrepresenting mutual fund investments, leading to a financial settlement. Although the settlement was resolved without his direct financial contribution, it raised concerns about the accuracy and transparency of the information provided to clients.
- Failure to Follow Client Instructions: The ongoing 2024 dispute involves allegations that Jones did not adhere to a client’s instructions regarding the removal of a Power of Attorney from an account, along with other concerns about unauthorized investments. The significant claimed damages suggest serious implications if the claims are substantiated.
Robert Jones Red Flags & Your Rights As An Investor
Of course, Robert Jones 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 Robert Jones at Edward Jones on alert to review carefully the activity and performance of their accounts and question whether Robert Jones 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 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 Edward Jones Due To Robert Jones
If you have questions about Edward Jones and/or Robert Jones 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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