Jack Wolbert of Boustead Securities is Under Investigation

Are you a former or current client of Jack Wolbert, who was formerly at Boustead Securities? The investment fraud law firm of Israels & Neuman is reviewing allegations made against Jack Wolbert, who worked in Irvine, California.

Allegations Against Jack Wolbert

In March 2026, a customer made a complaint against Wolbert, alleging that he sold them an investment in a SAFE promissory note. The note allegedly failed to pay upon maturity, causing over $800,000 in losses. That led to a FINRA investigation into the matter. Wolbert was then allowed to voluntarily resign from Boustead Securities regarding his involvement in the SAFE notes.

Background on Jack Wolbert

Jack Wolbert was licensed with Boustead Securities from June 2023 to July 2026 at an Irvine, California office. He was also previously licensed with Revere Securities and Fnex Capital.

Can Boustead Securities Be Responsible for Customer Investment Losses?

Under FINRA Rule 3110, broker-dealers like Boustead Securities must reasonably supervise the activity of its advisors. Boustead Securities could be responsible for investor losses if it failed to reasonably supervise its advisor.

Israels & Neuman Helps Investors Recover Investment Losses in California

We represent investors throughout the United States as well as California, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. We have represented numerous investors in California in the past. If you were a client of Jack Wolbert and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

View Wolbert’s BrokerCheck Report

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or fill out our contact form to learn more about your rights. We have experience representing California investors and are ready to help you recover the money you deserve.

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