National investment loss lawyers KlaymanToskes is investigating barred broker John Winslow (CRD# 3071933) of Edward Jones.
According to FINRA BrokerCheck, broker John Winslow has been permanently barred from acting as a broker by FINRA, and as an investment advisor by the SEC, in response to the regulator’s investigation into his involvement in defrauding a retired client of over $550,000 through false and misleading misrepresentations and unauthorized transactions.
Investors that suffered losses with broker John Winslow are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor John Winslow of Edward Jones has been terminated from the firm and permanently barred from acting as a broker by FINRA, following allegations that he refused to produce information and documents requested by FINRA in connection with its investigation into a Uniform Termination Notice for Securities Industry Registration (Form U5) filed by Edward Jones, disclosing that his employment was terminated because he failed to disclose to the firm that he received funds from a client.
Further, Winslow was also barred from acting as an investment advisor by the SEC following allegations brought forth by the State of Washington Department of Financial Institutions, Securities Division. The Washington Order found that from 2013 to 2021, Winslow was a securities salesperson and investment adviser representative for a client who was a retired senior citizen. Between 2017 and 2020, the Client allegedly transferred more than $550,000 to Winslow’s personal bank account and to one of his personal businesses after Winslow told the Client that he needed money to buy a house and that he would repay the Client more than she made on her Edward Jones investments.
The Washington Order found that Winslow did not provide the Client with a written agreement for the alleged loan and that Winslow did not repay the Client. Additionally, Winslow allegedly liquidated annuities that were held by the Client and caused the Client to incur nearly $4,000 in surrender charges, and that a resulting $370,000 was paid out of the Client’s account to purchase gold coins through an online account using Winslow’s email address, $360,000 of which were shipped to Winslow’s post office box.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker John Winslow, or have concerns regarding your investment portfolio at Edward Jones, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.