“Client, individually and through a trust she established, purchased $250,000 in GWG Holdings, Inc., which the Statement of Claim indicated was unsuitable in nature. In addition, there was an allegation that the representative did not inform her of a deadline to exercise the Guaranteed Minimum Income Benefit Rider on an Ohio National Variable Deferred Annuity.”
The claim was made 10/21/2022 with a claim amount of $400,000.00 and is currently Pending.
See more information on FINRA’s BrokerCheck site for Joseph Dewey Jackson: https://brokercheck.finra.org/individual/summary/2351290
If you were a client of Joseph Dewey Jackson and CAPITAL INVESTMENT GROUP, INC. from FAYETTEVILLE, NC and had a similar issue or experience, we are interested in discussing a potential claim with you. Brokerage firms have a responsibility to supervise all representatives who are registered through their firm. (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Joseph Dewey Jackson, the broker dealer may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country.
The Securities Lawyers are researching bringing claims on behalf of individual(s) and/or a group of investors for recovery of their funds. Most customers will have signed a FINRA arbitration agreement to resolve disputes, including claims for reimbursement of these types of investment losses. As the SEC reminds investors, it can be important to find an attorney that “specializes in resolving securities complaints.”
If you were a customer of Joseph Dewey Jackson and CAPITAL INVESTMENT GROUP, INC. and suffered investment losses, please contact the Securities Lawyers. We only get paid if we recover your money. Your claim may be subject to a time limit or statute of limitations, so contact an attorney right away.
Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.
He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.