COMPLAINTS Against ALAN PRICE of Edward Jones
Have you lost money with financial advisor Alan Price? We are investigating allegations made about Alan Price from Frankfort, Indiana. FINRA (the Financial Industry Regulatory Authority) seeks to bar Price from the securities industry. FINRA alleges that Price failed to respond to its investigation after he allegedly borrowed money from a customer. Unless one of the limited exceptions apply, financial advisors are not allowed to borrow money from customers without prior written approval.
Alan Price was a financial advisor and registered representative of Edward Jones from 2007 to February 2020. He now works with Thurston Springer. He worked in a branch office in Frankfort, Indiana. Price was also terminated by Edward Jones regarding these 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 Ann Arbor, Michigan; Denver, Colorado; Seattle, Washington; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including Indiana. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Edward Jones.