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Peyton Jackson Sanctioned by FINRA

Peyton JacksonPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on July 5, 2016 indicate that former New York-based Alexander Capital broker Peyton Jackson has been sanctioned by FINRA. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from 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 (2011-2012); Dawson James Securities in Baltimore, Maryland (2010-2011); McKim Capital in Alexandria, Virginia (2002-2010); Morgan Stanley DW in Purchase, New York (2000-2001); AG Edwards & Sons in St. Louis, Missouri (1994-2000); Tamaron Investments in Englewood, Colorado (1992-1994); and JW Gant & Associates (1989-1992). He is currently not registered with any state or firm.

According to his BrokerCheck report, Peyton Jackson is the subject of five customer complaints, eight pending customer complaints, and one regulatory sanction.

In May 2016, a customer alleged Peyton Jackson, while employed at Alexander Capital, Legend Securities, McKim Capital and Dawson James Securities, recommended unsuitable investments, misrepresented and omitted material facts, and churned the account. The customer is seeking $90,000 in damages in the pending complaint.

In May 2016, a customer alleged Peyton Jackson, while employed at Alexander Capital, Legend Securities, McKim Capital and Dawson James Securities, engaged in churning, recommended unsuitable investments, misrepresented and omitted material facts, breached contract, and acted negligently. The customer is seeking $90,000 in damages in the pending complaint.

In April 2016, FINRA sanctioned Peyton Jackson following allegations he “failed to disclose certain outside business activities and an outside brokerage account to his member firms.” According to FINRA’s complaint, Mr. Jackson provided “investment banking, investor relations, commercial marketing, and Eastern Europe business development services through an outside entity that he controlled,” services for which he received compensation. Mr. Jackson was issued a 4-month suspension and a fine of $20,000.

In January 2016, a customer alleged Peyton Jackson, while employed at Alexander Capital, Legend Securities, and Dawson James Securities, acted negligently, recommended unsuitable investments, committed fraud, violated the Securities Exchange Act of 1934, and breached contract. 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, engaged in churning, 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.

If you have lost money investing with Peyton Jackson, you may be entitled to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover 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.