HUNTINGTON BEACH, CALIFORNIA
Have you lost money with financial advisor Scott Paul Smith, formerly with Edward Jones and now with J.W. Cole Financial in Huntington Beach, California? We are looking into allegations made against Scott Smith. Smith was terminated by Edward Jones in 2020 regarding allegations that he borrowed money from a client. After the client sued Edward Jones, the firm paid the client back their money.
Scott Smith was with Edward Jones from 2002 to April 2020. He has been with J.W. Cole Financial from May 2020 to the present. He has worked at branch offices in Huntington Beach, California. Smith is now under investigation by FINRA regarding the same allegations.
Brokerage firms like Edward Jones 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; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Edward Jones.
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If you lost money with Scott Smith or Edward Jones, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.