August 2019-Huntington Beach, CA
According to FINRA records, Jack G. Merritt , a stockbroker who works for Crown Capital Securities discloses the settlement of a 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 FINRA Case 15-02843, a customer alleged damages of $80,000 and alleges breach of fiduciary duty, violation of NASD and FINRA Rules, breach of contract, negligence and fraud in connection with the purchase of five private placement oil and gas investments. That case was settled for $19,000.
Merritt has been employed by Crown Capital Securities since 2004.
If you have questions about an account handled by Jack G. Merritt, call for a no charge consultation.
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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