Jon Ellefson
Investigation
February 2023- Harker Heights, TX
According to publicly available records Jon Ellefson a broker employed by Intervest International Equities Securities, discloses three settled customer disputes and two pending customer suits.
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 6/2019 FINRA case 19-01543 alleged improper products. The case settled for $145,000.
In 2/2017, FIRNA case 17-00215 alleged the sale of various investments were unsuitable and the case settled for $125,000.
In 10/2022, FINRA case 22-02270 alleged breach of fiduciary duty, negligent misrepresentation, gross negligence, violation of FINRA rules, negligent supervision, breach of contract and fraud. Alleged damages are $538,000 and the case is pending.
In 6/2022, FINRA case 22-01406 alleged breach of fiduciary duty, suitability, material misrepresentations and omitted material information, violation of FINRA rules, failure to supervise and breach of contract in connection with the sale of GWG L-Bonds. . Alleged damages are $373,000 and the case is pending.
Ellefson has been with Intervest International Equities Corporation since 3/1992.
If you have questions about an investment account with Jonathon Ellefson , call to learn how you may be able to recover damages through FINRA arbitration.
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.
Nationwide Representation
TollFree: 877-224-3199
Florida-561 391 1900
Texas-512-329-2870
