Jesse Litvak: One Pending Regulatory Action

Jesse LitvakPublic records provided by the Financial Industry Regulatory Authority (FINRA) on February 1, 2017 indicate that former Connecticut-based Jefferies & Company broker Jesse Litvak is the subject of pending regulatory and civil complaints. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Litvak (CRD# 2921134).

Jesse Litvak has spent fourteen years in the securities industry and was most recently registered with Jefferies & Company in Stamford, Connecticut (2008-2012). He was previously registered with RBS Greenwich Capital in Greenwich, Connecticut (1997-2008). He is currently not registered with any state or firm.

According to his BrokerCheck report, Jesse Litvak has received one customer complaint, one pending civil complaint, and one pending regulatory action.

In 2014 the Securities and Exchange Commission initiated administrative proceedings against Jesse Litvak as a result of a 2014 jury verdict of guilty on ten counts of securities fraud, one count of troubled asset relief program fraud, and four counts of making false statements against the government, for which he was sentenced to a prison term of 24 months followed by three years of supervised relief, and a fine of $1,750,000. According to the Wall Street Journal, the verdict was overturned by an appellate court and the securities fraud charges will now be retried before a new jury this month.

In 2011 a customer alleged Jesse Litvak, while employed at Jefferies & Company, sold securities for which the firm “earned more on trades than was contemplated by a purported oral arrangement the customer had with” Mr. Litvak.

If you or someone you know has lost money investing with Jesse Litvak, 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, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.