Michael Mason Has Been Named in a Pending Regulatory Complaint

Michael MasonPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on March 14, 2017 indicate that former Tennessee-based Edward Jones broker/adviser Michael Mason has been named in a pending FINRA complaint and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Mason (CRD# 4938877).

Michael Mason has spent five years in the securities industry and was most recently registered with Edward Jones in Millington, Tennessee (2009-2015). He was previously registered with Northwestern Mutual Investment Services in Memphis, Tennessee (2009). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination); Series 66 (Uniform Combined State Law Examination); Series 6 (Investment Company Products/Variable Contracts Representative Examination); and Series 7 (General Securities Representative Examination). He is currently not registered with any state or firm.

According to his BrokerCheck report, Michael Mason has been named in a pending regulatory complaint.

In November 2016 FINRA named Michael Mason respondent in a complaint alleging he “failed to appear for on-the-record testimony pursuant to an investigation into the circumstances of his termination from a member firm as set forth in his Form U5.” The complaint remains pending, though in March 2017 FINRA rendered a default decision “wherein Mason was barred from association with any FINRA member in any capacity.” According to FINRA’s statement: “The sanction was based on findings that Mason failed to appear twice for FINRA on-the-record testimony in connection with an investigation into the circumstances of his termination from his member firm as indicated on his Form U5 filed with FINRA. The findings stated that the Form U5 indicated that Mason was permitted to resign and that Mason falsified client information to open seven new firm accounts and provided the firm with inaccurate information during an internal review.” The statement concludes that “If no further action is taken, [the] decision will become final April 3, 2017.”

If you have complaints regarding Michael Mason, call firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover your losses. All cases are taken on a contingency basis: we only get paid if and when you collect money. The law sets a limited window to file complaints, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.