Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 30, 2016 indicate that former Montana-based Western International Securities broker Jed Tinder is the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Tinder (CRD# 1013144).
Jed Tinder has spent 27 years in the securities industry and was most recently registered with Western International Securities in Missoula, Montana (2005-2016). Previous registrations include Raymond James Financial Services in St. Petersburg, Florida; Edward D. Jones & Company in St. Louis, Missouri; and Pruco Securities in Newark, New Jersey. He is currently not registered with any state or firm.
According to his BrokerCheck report, Jed Tinder has received three pending customer complaints and resigned from two previous employers.
In July 2016 a customer alleged Jed Tinder, while employed at Western International Securities, made an unsuitable recommendation. The customer is seeking $187,000 in damages in the pending complaint.
In July 2016 a customer alleged Jed Tinder, while employed at Western International Securities, made an unsuitable recommendation. The customer is seeking $665,000 in damages in the pending complaint.
In September 2015 a customer alleged Jed Tinder, while employed at Western International Securities, made unsuitable recommendations dating back to 2007. The customer is seeking $1,200,000 in damages in the pending complaint.
In 2014 Hemstreet Development Corporation filed a civil judgment or lien totaling $262,100.64 against Jed Tinder. The judgment or lien remains outstanding.
In 2012 the Internal Revenue Service filed a tax lien totaling $3,861.10 against Jed Tinder. The lien remains outstanding.
In 1999 Jed Tinder was “permitted to resign” from his position at Edward D. Jones & Company following allegations he wrote a life insurance application outside company vendors.
In 1996 Jed Tinder was “permitted to resign” from his position at Prudential following allegations he failed to supervise agents.
FINRA Rule 3110(a)(2) requires broker-dealer firms to assign “an appropriately registered principal(s)” to perform supervisory duties for every type of business the firm conducts. Principals are required to ensure the compliance of individual representatives as well as the firm as a whole. Relevant issues include the representatives’ character and qualifications, outside employment, and regulation of business transactions. Representatives may not engage in outside business activities or securities transactions without providing written notice to their supervising principals. Individuals who fail in their supervisory duties may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has lost money investing with Jed Tinder, 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.