Public records provided by the Financial Industry Regulatory Authority (FINRA) on May 24, 2016 indicate that former New York-based Alexander Capital broker Peyton Jackson is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Jackson (CRD# 1988387).
Peyton Jackson has spent 25 years in the securities industry and was most recently registered with Alexander Capital in New York, New York (2012-2015). Previous registrations include Legend Securities in New York, New York; Dawson James Securities in Baltimore, Maryland; McKim Capital in Alexandria, Virginia; Morgan Stanley DW in Purchase, New York; AG Edwards & Sons in St. Louis, Missouri; Tamaron Investments in Englewood, Colorado; and JW Gant & Associates. He is currently not registered with any state or firm.
According to his BrokerCheck report, Peyton Jackson has received one regulatory sanction, five customer complaints, and six pending customer complaints.
In April 2016, FINRA sanctioned Peyton Jackson following allegations he failed to disclose outside business activities and an outside brokerage account to his member firms, Dawson James Securities, Legend Securities, and Alexander Capital. According to FINRA’s complaint, Mr. Jackson “failed to disclose in writing to his firms that he offered investment banking, investor relations, commercial banking, and Eastern Europe business development services through an outside entity that he controlled.” He was issued a 6-month suspension and a fine of $20,000.
In February 2016, a customer alleged Peyton Jackson, while employed at Alexander Capital, made unsuitable investment recommendations, misrepresented material facts related to an investment, committed fraud, breached his fiduciary duty, and breached contract. The customer is seeking at least $200,000 in damages in the pending complaint.
In January 2016, a customer alleged Peyton Jackson, while employed at Alexander Capital, Legend Securities, and Dawson James Securities, acted negligently, breached contract, made unsuitable recommendations, committed fraud, and violated the Securities Exchange Act of 1934. The customer is seeking $100,000 in the pending complaint.
In December 2015, a customer alleged Peyton Jackson, while employed at Alexander Capital, Legend Securities, and Dawson James Securities, churned investments, recommended unsuitable investments, fraudulently misrepresented material facts, and acted negligently. The customer is seeking $400,000 in damages in the pending complaint.
In 2002, a customer alleged Peyton Jackson, while employed at Morgan Stanley, gave unsuitable advice. The complaint settled for $150,000.
In 2001, a customer alleged Peyton Jackson, while employed at AG Edwards & Sons, executed excessive and unauthorized transactions, omitted material facts related to margin trading, engaged in churning, breached contract, breached his fiduciary duty, and committed fraud. The complaint settled for $100,000.
If you or someone you know has lost money investing with Peyton Jackson, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.