National investment loss lawyers KlaymanToskes is investigating broker Reuben Brown (CRD# 7089559) of Edward Jones, who has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to appear for on-the-record testimony as requested by FINRA in connection with the regulator’s investigation concerning allegations he introduced clients to an investment outside the firm in violation of firm’s policies regarding private securities transactions and selling away.
Brown is also currently facing a pending customer complaint which alleges $180,000 in investor damages due to a recommendation to invest in an investment opportunity outside the firm. Additionally, the customer alleges this was to be a short term investment of only a few months, however, it has been nearly a year with no funds returned. Further, the client alleges he incurred an additional tax liability of $30,000 when he explicitly stated he wanted to avoid taxes.
According to FINRA BrokerCheck, broker Reuben Brown was registered with Edward Jones from 2019 to August 2022, when he was terminated from the firm following allegations that he violated FINRA Rule 3280 and the firm’s policies regarding “Private Securities Transactions” and “Selling Away.”
Investors that suffered losses with broker Reuben Brown are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigation of broker Reuben Brown:
If you suffered losses with broker Reuben Brown, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorneys fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Reuben Brown. These signs could potentially indicate broker misconduct, negligence, or investment fraud. Investors are encourage 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.
According to FINRA, brokerage firms such as Edward Jones are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate the specific circumstances of your case 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 Reuben Brown, or have concerns regarding your investment portfolio at Edward Jones, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss recovery options.