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Jennifer Basey Of Stifel, Nicolaus & Company, Incorporated And Formerly With Edward Jones Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Jennifer Basey of Stifel, Nicolaus & Company, Incorporated?

Jennifer Basey

Jennifer Basey (CRD #4730054) who is currently registered as a broker and investment adviser with Stifel, Nicolaus & Company, Incorporated and located in Fort Myers, Florida, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Stifel, Nicolaus & Company, Incorporated, Jennifer Basey was associated with Edward Jones and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Jennifer Basey has had our own regulatory problems. In 2020, without admitting or denying the findings, she consented to the sanctions and to the entry of findings that she falsified of customer signature and forwards additional customer initials on paperwork used to facilitate her customers transfers of funds. As a result, she was suspended for 2 months and fined $5000.

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Jennifer Basey Customer Complaints

Jennifer Basey has been the subject of 3 customer complaints that we know about seeking to recover investment losses. Two of the customer complaints were settled by Edward Jones in favor of the investors. Stifel, Nicholas and Co. recently denied the other customer’s complaint and thus far, the investor has not taken any further action in the form of an arbitration proceeding or otherwise.

Allegations Against Jennifer Basey

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Registered representative made assurances that investments were safe and had customer invest in preferred stocks over par without customer’s consent, which resulted in losses.
  • Advisor allegedly recommended refinancing of home and reinvestment of financing proceeds in an investment account which had adverse consequences.
  • Misrepresentations related to credit spread strategy.

Jennifer Basey Red Flags & Your Rights As An Investor

Of course, Jennifer Basey 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 Jennifer Basey at Stifel, Nicolaus & Company, Incorporated and Edward Jones on alert to review carefully the activity and performance of their accounts and question whether Jennifer Basey has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Stifel, Nicolaus & Company, Incorporated and Edward Jones 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.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

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File A Claim To Recover Your Investment Losses At Stifel, Nicolaus & Company, Incorporated Due To Jennifer Basey

If you have questions about Stifel, Nicolaus & Company, Incorporated, Edward Jones and/or Jennifer Basey 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.

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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 $170 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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