Jason Kimber: Over $13 Million in Investor Complaints Filed

February 6, 2023

Investment Losses with Jason Kimber of J.W. Cole Financial and Allegis Investment Services? Contact KlaymanToskes

National investment fraud lawyers KlaymanToskes is investigating Jason Kimber (CRD# 6244188) after the J.W. Cole Advisors stockbroker, formerly registered with Allegis Investment Services, received two customer complaints alleging over $13 million in collective investor damages due to an allegedly fraudulent scheme.

If you suffered losses with Jason Kimber of J.W. Cole Advisors, contact attorney Lawrence L. Klayman to discuss loss recovery options at (888) 997-9956 or lklayman@klaymantoskes.com.

Investor Complaints Pending Against Jason Kimber (Logan, UT)

According to FINRA’s Brokercheck Report, Jason Kimber of Logan, UT has received two investor complaints alleging that while he was affiliated with multiple broker dealers between July 2014 and June 2022, Kimber’s former partner, Stephen Swensen, was involved in a fraud. Investors further allege that Kimber indirectly benefited from the operation, and that Kimber should have identified the operation as a fraud.

The first complaint, filed on November 1st, 2022, alleges $10.5 million in investor damages. The second complaint, filed on December 20th, 2022, alleges $3 million in investor damages. Both complaints are currently pending.

Who Is Jason Kimber?

Jason Kimber

Jason Kimber  (CRD# 6244188)

  • Kimber is currently registered as a broker and investment adviser with J.W. Cole Investment Advisors, Inc. in Logan. UT, located at 1202 South Highway 89/91.
  • Kimber’s past registrations include Allegis Investment Services, LLC from 2014 to 2018 in Clearfield, UT and Summit Brokerage Services, Inc. from 2013 to 2014 in Clearfield, UT.
  • Kimber holds 9 years of securities industry experience and 14 state licenses.

How Can I Recover My Losses?

Former and current customers of Jason Kimber at J.W. Cole Investment Advisors’ Logan, UT branch and/or Allegis Investment Services’ Clearfield, UT branch who have experienced significant investment losses are encouraged to contact securities attorney Lawrence L. Klayman, Esq. at 1-888-997-9956 or lklayman@klaymantoskes.com

KlaymanToskes offers legal services on a contingency fee basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you. KlaymanToskes also has the experience and resources dedicated to your case, allowing the firm to recover over $250 million for investors in FINRA arbitration cases alone.

About KlaymanToskes

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 over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.


KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.