DID JAKE LOUIS FRUGE CAUSE YOU INVESTMENT LOSSES?
Jake Fruge Of PFS Investments Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
Who is Jake Fruge of PFS Investments Inc.?
Jake Fruge (CRD #6187396) who is currently registered with PFS Investments Inc. and located in Houston, Texas, is a subject of one of our many securities industry sales practice abuse investigations. Prior to PFS Investments Inc., Jake Fruge was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Jake Fruge Customer Complaints
Jake Fruge has been the subject of 2 customer complaints that we know about to recover investment losses. Both customer complaints were settled in favor of the investors.
Allegations Against Jake Fruge
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable recommendation of annuity investment.
- Excessive investment and variable annuity that left her with insufficient liquid funds.
Jake Fruge Red Flags & Your Rights As An Investor
Of course, Jake Fruge 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 Jake Fruge at PFS Investments Inc. on alert to review carefully the activity and performance of their accounts and question whether Jake Fruge has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at PFS Investments Inc. also raises questions about the brokerage firm’s 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 PFS Investments Inc. Due To Jake Fruge
If you have questions about PFS Investments Inc. and/or Jake Fruge 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.