National investment loss lawyers KlaymanToskes is investigating broker Jay Geaslen of Avantax Investment Services and formerly of Ameriprise Financial Services (CRD #2124281).
According to FINRA BrokerCheck, Jay Geaslen of Avantax, and formerly of Ameriprise, is facing a pending $500,000 investor complaint alleging he recommended unsuitable investments, including leveraged structured notes and a non-traded real estate investment trust (REIT).
Investors that suffered losses with broker Jay Geaslen 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 Jay Geaslen, formerly of Ameriprise Financial Services, has been hit with a customer complaint alleging $500,000 in damages. The complaint alleges unsuitable investments in leveraged structured notes and a non-traded real estate investment trust (REIT). A previous complaint involving Geaslen alleged misrepresentation of risks associated with reverse convertible notes (RCNs), resulting in a $20,000 settlement in favor of the investor. Geaslen is currently registered with Avantax Investment Services in Atlanta, GA.
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 Jay Geaslen, or have concerns regarding your investment portfolio at Ameriprise Financial Services, Avantax Investment Services, 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.