Jonathan Freeze, formerly of LPL Financial and Summit Brokerage Services, Barred from Securities Industry
Have you lost money with financial advisor Jonathan Freeze of Fredericksburg, Virginia? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Jonathan D. Freeze. FINRA barred Freeze from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Freeze related to recommendations to his customers to invest in variable annuities.
Jonathan Freeze was a financial advisor and registered representative of LPL Financial from March 2009 to July 2013. He was also affiliated with Summit Brokerage Services from July 2013 to July 2015, and with Fortune Financial Services from July 2015 to April 2017. He worked at branch offices in Fredericksburg, Virginia and Canonsburg, Pennsylvania. Freeze was previously suspended for 10 days after borrowing $20,000 from a customer. Freeze was also fired by LPL Financial after it discovery this customer loan.
Brokerage firms like LPL Financial and Summit Brokerage Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and the Seattle, Washington area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Virginia. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including LPL Financial.
Click to view: Freeze, Jonathan FINRA AWC
Click to view: Freeze, Jonathan BrokerCheck 8.15.17
If you lost money with Jonathan Freeze or LPL Financial, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.