Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 6, 2017 indicate that former New York-based Wunderlich Securities broker Jordan Brown has received a pending customer dispute and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Brown (CRD# 1464333).
Jordan Brown has spent 27 years in the securities industry and was most recently registered with Wunderlich Securities in Great Neck, New York (2007-2013). Previous registrations include Maxim Group in Woodbury, New York (2005-2007); HD Brous & Company in Great Neck, New York (2001-2005); Salomon Smith Barney in New York, New York (1993-2001); Lehman Brothers in New York, New York (1987-1993); and McLaughlin Piven Vogel (1986-1987). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 14, 1986, and Series 7 (General Securities Representative Examination), which he obtained on March 15, 1986. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one pending customer complaint.
In August 2017 a customer alleged Jordan Brown, while employed at Wunderlich Securities, executed excessive trades and recommended unsuitable over-the-counter stocks, common and preferred stocks, and options products. The customer is seeking $1,250,000 in damages in the pending complaint.
Mr. Brown’s member firm, Wunderlich Securities, has itself received 16 regulatory sanctions and four customer complaints that evolved into arbitrations, according to the firm’s BrokerCheck report.
In 2016 a customer alleged Wunderlich Securities breached its fiduciary duty and misrepresented material facts in connection to common stocks, exchange traded funds, futures, municipal bonds, and options products. In April 2017 complaint resulted in an award to the customer of $1,044,782.
In 2008 a customer alleged Wunderlich Securities breached its fiduciary duty, churned investments, breached contract and failed in is supervisory duties. The complaint resulted in an award to the customer of more than $83,900.
In 2003 a customer alleged the firm made unsuitable investment recommendations, misrepresented material facts, acted negligently, and breached its fiduciary duty. The complaint resulted in an award to the customer of $92,150.
If you have lost money investing with Jordan Brown, you may be eligible to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only receive payment if and when you recover money. You might have a limited time to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.