Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 27, 2017 indicate that New York-based MML Investors Services broker Matthew Jacob, Sr. has been the subject of resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Jacob (CRD# 1264724).
Matthew Jacob has spent 32 years in the securities industry and has been registered with MML Investors Services in Liverpool, New York since June 2016. Previous registrations include Pinnacle Investments in Syracuse, New York; Cadaret Grant & Company in Liverpool, New York; American Capital Corporation in Valley Forge, Pennsylvania; Guardian Investor Services in New York, New York; and First Investors Corporation. He has passed six securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination); Series 6 (Investment Company Products/Variable Contracts Representative Examination); Series 7 (General Securities Representative Examination); Series 51 (Municipal Fund Securities Principal Examination); Series 24 (General Securities Principal Examination); and Series 26 (Investment Company Products/Variable Contracts Principal Examination). He is a registered broker and investment adviser with eight US states: Arkansas, Delaware, Florida, Georgia, Massachusetts, New York, North Carolina, and South Carolina.
According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint.
In January 2017 a customer alleged Matthew Jacob, while employed at MML Investors Services, “executed trades without his approval and without regard to the [his] financial well being, which provided benefit to the rep.” The customer is seeking unspecified damages in the pending complaint.
In 2008 a customer alleged Matthew Jacob, while employed at Cadaret Grant & Company, recommended unsuitable investments. The complaint settled for $90,000.
In 2004 a customer alleged Matthew Jacob, while employed at Cadaret Grant & Company, unsuitably allocated assets. The complaint settled for $5,000.
If you or someone you know has lost money investing with Matthew Jacob, 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.