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Craig A. Foreman-Edward Jones Broker-Discloses Pending Customer Dispute-Odessa, TX

Craig A. Foreman-Edward Jones Broker-Discloses Pending Customer Dispute-Odessa, TX

Craig A. Foreman-Edward Jones Broker-Discloses Pending Customer Dispute-Odessa, TX 150 150 Rex Securities Law

June 2020 -Odessa, TX

The FINRA records of Craig Alan Foreman  , a stockbroker registered with Edward Jones disclose a pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In 8/2019 a customer of Edward Jones filed a complaint alleging that his son impersonated him in a phone call with the office administrator and the financial advisor.  A fraudulently signed withdrawal was faxed to the branch and funds were distributed to a bank account without the Claimant’s authorization.   Claimant alleges Edward Jones failed to take adequate steps to protect his assets and, in doing so, breached its fiduciary duty and acted negligently.   The alleged damages are $845,000 and the case is pending.

Foreman has been employed with Edward Jones since Edward Jones since 6/2014.

If you have questions about an account handled by Craig Foreman call for a no charge consultation with an experienced securities attorney.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

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