Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on May 25, 2018 indicate that Texas-based Independent Financial Group broker/adviser Jeffrey Nesseth has received several pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Nesseth (CRD# 1983482).
Jeffrey Nesseth has spent 28 years in the securities industry and has been registered with Independent Financial Group in Plano, Texas since 2011. Previous registrations include Allied Beacon Partners in Atlanta, Georgia (2011); Girard Securities in San Diego, California (2011); QA3 Financial Corporation in Atlanta, Georgia (2004-2011); Main Street Management Company in Boston, Massachusetts (2003-2004); Wachovia Securities in St. Louis, Missouri (2002-2003); and Morgan Stanley DW in Purchase, New York (1990-2002). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 19, 2008; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 9, 1990; Series 7 (General Securities Representative Examination), which he obtained on April 21, 1990; and Series 3 (National Commodity Futures Examination), which he obtained on August 30, 1989. He is a registered broker and investment adviser with nine US states: California, Colorado, Florida, Georgia, Illinois, Missouri, Texas, Utah, and Washington.
According to his BrokerCheck report, he has received one customer complaint, two pending customer complaints, and one denied customer complaint.
In April 2018 a customer alleged Jeffrey Nesseth, while employed at Independent Financial Group, recommended a real estate investment trust that performed poorly. The customer sought $75,000 in damages in the complaint, which was denied.
In 2010 a customer alleged Jeffrey Nesseth, while employed at QA3 Financial, recommended unsuitable investments. The complaint settled in 2012 for $47,500.
In 2009 a customer alleged Jeffrey Nesseth, while employed at QA3 Financial, misrepresented material facts, conducted insufficient due diligence, misrepresented material facts, and recommended unsuitable products. The customer is seeking $250,000 in damages in the pending complaint.
In 2001 a customer alleged he, while employed at Morgan Stanley DW, recommended an unsuitable investment and failed to disclose the risk of an investment in Conexant stock. The customer is seeking $100,000 in damages in the pending complaint.
If you or someone you know has lost money investing with Jeffrey Nesseth, call 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 by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.