| Read Time: 2 minutes | MML Investors Complaints |

DID FORREST A. JONES CAUSE YOU INVESTMENT LOSSES?

Forrest Jones, formerly of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Fortune Financial Services, Inc. Has A Customer Complaint For Alleged Broker Misconduct

Who is Forrest Jones formerly with Merrill Lynch, Pierce, Fenner & Smith Incorporated?

Forrest Jones (CRD #4880765) who was formerly registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated and located in Conroe Texas is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Merrill Lynch, Pierce, Fenner & Smith Incorporated. Forrest Jones was associated with Fortune Financial Services, Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Forrest Jones is a defendant in a SEC civil action for allegedly raising at least approximately $3.7 million and the scheme to invest funds from advisory clients in retail investors and at least 5 fraudulent securities offerings. He has also been permanently barred by FINRA for failing to cooperate in its investigation.

Forrest Jones Customer Complaint

Forrest Jones has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were  the financial advisor made unsuitable investment recommendations and misrepresentations in connection with real estate investments which went to arbitration and resulted in an arbitration award in favor that the investor in the amount of $200,000. 

Forrest Jones Red Flags & Your Rights As An Investor

Of course, Forrest Jones did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Forrest Jones, formerly of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Fortune Financial Services, Inc., on alert to review carefully the activity and performance of their accounts and question whether Forrest Jones has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner & Smith Incorporated and Fortune Financial Services, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Merrill Lynch, Pierce, Fenner & Smith Incorporated Due to Forrest Jones

If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated and Fortune Financial Services, Inc. and/or Forrest Jones and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $160 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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