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Jason Coles Has Received a FINRA Sanction

Jason ColesPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on October 6, 2017 indicate that California-based Centaurus Financial broker/adviser Jason Coles has received a FINRA sanction and several customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Coles (CRD# 2632270).

Jason Coles has spent 21 years in the securities industry and has been registered with Centaurus Financial in Irvine, California since August 2017. Previous registrations include Financial West Group in Irvine, California; Torrey Pines Securities in San Diego, California; Securities America in Irvine, California; Wells Fargo Investments in Costa Mesa, California; and Fidelity Brokerage Services in Smithfield, Rhode Island. He is a registered broker and investment adviser with nine US states and territories: Arizona, California, Colorado, Florida, Louisiana, Nevada, Oregon, Texas, and Washington.

According to his BrokerCheck report, he has received one FINRA sanction and three customer complaints.

In 2010 FINRA sanctioned him following allegations he “effected three set[s] of transactions by causing ten journal entry transfers of cash and/or securities between customer accounts without employing his member firm’s trading system.” He was issued a fine of $5,000 and a one-month suspension from associating with any FINRA member in any capacity.

In 2007 a customer alleged Jason Coles, while employed at Wells Fargo Investments, misrepresented material facts and executed an unauthorized transaction. The complaint settled for $20,000.

In 2007 a customer alleged Jason Coles, while employed at Wells Fargo Investments, made misrepresentations of material facts and purchased a mutual fund investment without authorization. The complaint settled for $7,500.

In 2007 a customer alleged Jason Coles, while employed at Wells Fargo Investments, misappropriated funds. The complaint settled for $80,000.

If you have lost money investing with Jason Coles, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.