Category Archives: Edward Jones

Spenser Sullivant- Former Waddell & Reed Broker-Suspended for 18 Months -St. Louis, MO

December 2020-St. Louis, MO

According to publicly available records of Spenser William Sullivant (CRD#6524062) ,  a  former stockbroker who is currently unregistered who worked for Waddell & Reed,  discloses a regulatory event and a termination.

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 May of 2020 FINRA case #2019064078501 was filed alleging that while taking qualification examination, Sullivant hid study materials for the exam in the testing center’s restroom, then visited the restroom during unscheduled breaks from the exam.   The findings stated that the materials were later discovered and confiscated by an exam proctor.   By hiding study materials where they were available during the exam, Sullivant did not comply with the rules of conduct governing the Series 24 qualification examination.   He received an 18 month suspension from May 2020 until November of 2021 and was fined $5,000.

Sullivant began working for Waddell & Reed in 10/2015. After leaving Waddell & Reed in 1/2020, he took a job with Edward Jones. In February of 2020 Sullivant was discharged from Edward Jones as a result of concerns related to his Series 24 examination.

If you have questions about  an account handled by Spenser Sullivant  call to discuss your options 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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

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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Jason Hudson-Edward Jones Broker-Discloses Customer Dispute-Amarillo, TX

May 2020-Amarillo, TX

According to publicly available records Jason D. Hudson (CRD#6411443) a stockbroker with Edward Jones discloses a customer dispute which alleges undue influence.

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 September 2018, FINRA Case 18-02943 was filed by an executor for an estate alleging that the decedent mistakenly transferred funds from a joint account maintained with his wife to a joint account maintained by his wife and stepdaughter as a result of alleged undue influence by the stepdaughter and Hudson, the registered representative.    The case was settled for $30,000.

Hudson has been employed with Edward Jones since November of 2014.

Jason Hudson that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss your options.

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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Cecil Allen Ross-Former LPL Financial Broker-Discloses Regulatory Event and Customer Dispute-San Angelo, TX

April 2020-San Angelo, TX

According to publicly available records of Cecil Allen Ross (CRD#2391047) ,  a  former stockbroker who last worked for LPL Financial,  discloses  a regulatory event and 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 December of 2019, FINRA  suspended  Ross  from the securities industry for four months and fined him $5,000 after finding that he engaged in an unsuitable pattern of short-term trading  Unit Investment Trusts (UITs) in customers’ accounts while employed by Raymond James.    FINRA found that Ross recommended that most of his customers sell and roll over their positions after less than one year, notwithstanding the costs associated with short term trading.

In June of 2014,  a customer of Ross’s previous employer,  Raymond James Financial  , filed FINRA case 14-02745 alleging unsuitable investments and excessive trading.    A FINRA arbitration panel awarded the customer $100,000 in damages.

Ross  was employed by LPL Financial   from September of 2014 until December of 2019.      Prior to that time he was with Raymond James Financial Services, Inc., International Assets Advisory, Edward Jones, and Cecil A. Ross Investment & Insurance Group.    

If you had an account with Cecil  Allen Ross  that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss your options.

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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Curt L. Howard-Former Edward Jones Broker-Subject of $1M Customer Suit-Monahans, TX / Sapulpa, OK

May 2019-Sapulpa, OK  / Monahans, TX

According to publicly available records Curtis Lee Howard ,  a   stockbroker who formerly worked for Edward Jones and who  is currently registered with Harbor Financial Services, disclose a  prior customer dispute, a currently pending customer dispute and a termination from employment.

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 the currently pending case filed in Dallas County, TX, a customer of Edward Jones is seeking damages of $1 million and alleges that Howard breached his fiduciary duty, committed fraud , breached the duty of good faith and fair dealing and other claims related to handling of the account starting in 2015.

Curtis Howard was employed by Edward Jones from 7/1985 until 9/2017 when he was discharged by Edward Jones who makes the following allegation on Howard’s FINRA record: “Mr. Howard’s employment was terminated by the Firm’s HR Department. Concerns had been raised relating to professionalism and judgment.”

Curtis Howard discloses a business affiliation with Phoenix Wealth Partners, LLC.

If you have questions about an account in an account handled by Curtis Howard , contact us for a no charge consultation to discuss your legal options.

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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870