Peiffer Wolf Carr Kane & Conway is currently investigating claims against Jenna Brown, a registered broker at Lifemark Securities in Syracuse, NY.
According to FINRA’s BrokerCheck website for Public Disclosures, Jenna Brown has been the subject of two disclosures. Some of the more notable disclosures are as follows:
2018: Employment Separation After Allegations – Caderet Grant & Co. discharged Brown because “Brown self-executed client signatures to investment advisory agreements in place of obtaining their signature in violation of the firm’s policy and procedures and FINRA Rule 2010.”
2019: Regulatory – Regulatory Suspension of three months and Civil and Administrative Penalty of $5,000 imposed by FINRA. The suspension concerns allegations of “forged signatures…without the customers’ knowledge or approval.”
According to Jenna Brown’s Financial Industry Regulatory Authority Letter of Acceptance, Waiver, and Consent:
Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, I, Jenna A. Brown (“Brown” or “Respondent”), submit this Letter of Acceptance, Waiver and Consent (“AWC”) for the purpose of proposing a settlement of the alleged rule violations below. This AWC is submitted on the condition that, if accepted, FINRA will not bring any future actions against me alleging violations based on the same factual findings described herein.
Forgery of a signature is a violation of FINRA Rule 2010, which requires that associated persons observe high standards of commercial honor and just and equitable principles of trade.
By virtue of the foregoing, Brown violated FINRA Rule 2010
To review Jenna Brown’s Brokercheck report, click here: https://brokercheck.finra.org/individual/summary/5361782
Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
Jenna Brown has worked at multiple firms over the years, including Lifemark Securities Corporation, Cadaret Grant & Co., Merrill Lynch Pierce Fenner & Smith, LPL Financial, and AXA Advisors. FINRA maintains a database of investor complaints and disciplinary and employment history for registered representatives and publishes some of this information on its BrokerCheck website, www.brokercheck.finra.org.
Based on our experience, we believe that there are more investors who have been the victim of Jenna Brown’s alleged broker misconduct. If you’ve worked with or invested with Jenna Brown, you should contact Peiffer Wolf Carr Kane & Conway immediately for a FREE Consultation.
Peiffer Wolf Carr Kane & Conway is currently investigating Jenna Brown’s practices, as well as the products she recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 585-310-5140
“Week of Reckoning” Arrives Fo...30 June, 2020 No comment
If you believe you were a victim of predatory lending, investment fraud, or broker misconduct, it is imperative to take action. Peiffer Wolf Carr Kane & Conway has represented thousands of victims, and we remain committed to fighting on behalf of investors. We focus on identifying parties that are not only liable but have the financial ability to compensate victimized investors. Our goal is to put money back into our clients’ pockets.