National investment loss lawyers KlaymanToskes reports broker/investment advisor Richard Lynn Goldston (CRD# 4176824) has been terminated by Edward Jones, where he was registered from 2021 to 2023 in Merrimack, NH.
Investors that suffered losses with Richard Lynn Goldston and/or any other broker at Edward Jones may have recovery options. Contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or lklayman@klaymantoskes.com for a free consultation to discuss legal options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Richard Lynn Goldston was discharged from Edward Jones on March 3rd, 2023 due to allegations that he did not adhere to firm policies relating to lending arrangements with clients, margin accounts, and fictitious or misleading account or system information.
Richard Goldston has also been hit with two customer complaints and one tax lien. His most recent complaint alleged that he encouraged his customer to take out a margin loan and then loan him the proceeds of $20,000, which the customer did. The complaint was settled in favor of the investor for $21,288.77.
A second customer complaint alleged that Goldston mistakenly advised the customer that moving assets to cash within a 529 account would not be considered a distribution for tax purposes. This poor advice allegedly resulted in a large tax bill for the customer, and the complaint was settled for $26,820.
Investors that suffered losses with Richard Lynn Goldston and/or any other broker at Edward Jones may have recovery options. Contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or lklayman@klaymantoskes.com for a free consultation to discuss legal options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered more than $250 million for investors in FINRA arbitrations and over $350 million in other securities litigation matters for its clients. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com