National investment loss lawyers KlaymanToskes is investigating Jason Mieras (CRD# 2850648) of American Portfolios Financial Services, in connection with the filing of a customer complaint alleging $250,000 in damages due to an unsuitable recommendation to invest in an individual equity investment.
Investors that suffered losses with Jason Mieras and/or any other advisor at American Portfolios Financial Services are encouraged to contact attorney Lawrence L. Klayman, Esq., for a free consultation to discuss recovery options at 888-997-9956 or lawrence@klaymantoskes.com. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Jason Lawrence Mieras is currently registered as a broker/investment advisor with American Portfolios in Lake Como, NJ. Mieras has been hit with a pending customer complaint which alleges $250,000 in damages due to unsuitable recommendations to invest in an individual equity recommendation that resulted in market loss and a decline in account value.
Mieras was previously named in a customer complaint that was settled in favor of the investor. The complaint was settled for $600,000 and alleged premium payments were not made for an enhanced death benefit.
Brokers and financial advisors must consider an investment’s risk, ensure that they do not misrepresent material facts, and/or overconcentrate the customer’s portfolio in unsuitable investments. Further, financial professionals and their firms cannot disregard a customer’s risk-tolerance when making unsuitable investment recommendations.
The violations discussed above each provide a basis for liability in a FINRA arbitration claim. FINRA arbitration is a more cost-effective process for investors, often occurring with increased speed and efficiency over a court proceeding. To learn more about additional securities violations, see our account activity violations page.
Former and current customers of Jason Mieras who sustained losses at American Portfolios are encouraged to contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or lawrence@klaymantoskes.com for a free consultation. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
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.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com