Allegations Against David L. Long, Jr.

According to FINRA’s BrokerCheck, Edward Jones fired David Long regarding “Concerns registered representative [Long] did not adhere to Firm policy relating to selling away”.  Generally, advisors must disclose all outside businesses that they operate, and they must have permission from their brokerage firm for every investment product that they sell.  A customer alleged that Long solicited a $10,000 investment to a business, and the customer never received the $10,000 back.

Israels & Neuman currently represents an investor who lost money with David Jones, where Jones solicited an investment in a company.

Background on David Long

David Long was licensed with Edward Jones from December 2024 to February 2026 at a Redmond, Washington office and was also previously licensed with another firm between 2002 and 2005.  He ran a company called Supporting Visions LLC, which is believed to have been involved in soliciting investments.

Can Edward Jones Be Responsible for Long’s Conduct?

FINRA Rule 3110 requires securities brokerage firms like Edward Jones to adequately supervise the activity of its advisors.  Edward Jones could be responsible for investor losses if it failed to reasonably supervise him. 

Israels & Neuman Helps Investors Recover Investment Losses in Washington

We represent investors throughout the United States as well as Washington, including a victim of David Long.    Attorney David Neuman is licensed to practice law in Washington and our main office is in Seattle.  If you were a client of David L. Long Jr. and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Long’s BrokerCheck Report

Contact Israels & Neuman for a Free Case Evaluation

 (720) 599-3505 or (206) 795-5798

KIRKLAND, WASHINGTON Were you a client of financial advisor William Carlton from Kirkland, Washington? Our securities arbitration law firm is looking into allegations made against William Carlton also known as Bill D. Carlton. In December 2023, he was fired by Cetera Advisors. Cetera Advisors had previously acquired First Allied Securities, and Carlton had been affiliated with First Allied from 2008 to September 2022.

Cetera Advisors terminated William Carlton regarding allegations that he engaged in “inappropriate trading practices”, according to FINRA BrokerCheck. Moreover, in September 2024, he was the subject of a complaint made by the Securities and Exchange Commission (SEC). The SEC alleged that he engaged in “cherry picking”, in which he allocated profitable trades to his own account while putting losing trades in the accounts of his customer. The SEC complaint alleged that this scheme caused him to profit $5.3 million from trades while costing his clients $6.4 million in losing trades.

Bill D. Carlton had been with Cetera Advisors from September 2022 to December 2023 and with First Allied Securities from 2008 to September 2022. He worked in Kirkland and Bellevue, Washington branch offices.

Brokerage firms must have written supervisory and compliance procedures, under securities rules and regulations, to monitor their advisors’ conduct. If they fail to reasonably supervise their advisors, they may be liable for customer losses.

Attorney David Neuman is licensed to practice law in Washington and has an office in Seattle. Our firm has represented numerous investors throughout Washington and have sued dozens of brokerage firms in the past.

View BrokerCheck report here. View SEC Complaint here.

If you lost money with William Carlton or Cetera Advisors, please Contact Us at 206-795-5798 for a free evaluation of your case.