National investment loss lawyers KlaymanToskes is investigating broker Richard Jackson of Equity Services (CRD #2224335).
According to FINRA records, broker Richard Jackson was suspended by FINRA in August 2023 for sending communications to customers that contained unwarranted, exaggerated, and promissory claims while registered with Equity Services, leading to his termination from the firm in 2022.
Investors that suffered losses with broker Richard Jackson are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Former Equity Services financial advisor Richard Jackson has been suspended following allegations of breaking industry rules. According to the Financial Industry Regulatory Authority (FINRA), Jackson used to work as a broker with Equity Services, which fired him in 2022. A Letter of Acceptance, Waiver, and Consent (# 2022076868701) issued in August 2023 disclosed FINRA’s findings that Jackson sent messages to customers that were misleading and exaggerated between January 2020 and November 2022. These messages, sent while he was with Equity Services, allegedly included predictions about future performance, and left out important risks related to the investments.
For example, in March 2021, Jackson allegedly wrote to a customer that a technology company would “likely grow in excess of 20% per year for the next 5 years,” and that he “predict[ed] the [company’s] business … will beat current Wall-Street expectations by a lot (Growth over 40%+).” In another example disclosed by FINRA, Jackson wrote to another customer regarding a pharmaceutical company that he was “[ v ]ery confident this is a $1000+ stock within 12 to 36 months.”
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Richard Jackson. These signs could potentially indicate 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.
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 Richard Jackson, or have concerns regarding your investment portfolio at Equity Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.