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        <title><![CDATA[Vela Consulting - Israels & Neuman, PLC]]></title>
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        <lastBuildDate>Mon, 26 Oct 2026 17:01:45 GMT</lastBuildDate>
        
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                <title><![CDATA[Jack Wolbert of Boustead Securities is Under Investigation]]></title>
                <link>https://www.israelsneuman.com/blog/jack-wolbert-of-boustead-securities-is-under-investigation/</link>
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                <pubDate>Mon, 26 Oct 2026 17:01:44 GMT</pubDate>
                
                    <category><![CDATA[Unsuitable Investments]]></category>
                
                
                    <category><![CDATA[Boustead Securities]]></category>
                
                    <category><![CDATA[California]]></category>
                
                    <category><![CDATA[Irvine]]></category>
                
                    <category><![CDATA[Jack Wolbert]]></category>
                
                    <category><![CDATA[Linchpin]]></category>
                
                    <category><![CDATA[Oak Quarry]]></category>
                
                    <category><![CDATA[Vela Consulting]]></category>
                
                
                
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                <description><![CDATA[<p>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&hellip;</p>
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<p class="wp-block-paragraph">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. </p>



<h2 id="h-allegations-against-jack-wolbert" class="wp-block-heading"><strong>Allegations Against Jack Wolbert</strong></h2>



<p class="wp-block-paragraph">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 <a href="https://www.israelsneuman.com/practice-areas/finra-arbitration/">FINRA investigation</a> into the matter.   Wolbert was then allowed to voluntarily resign from Boustead Securities regarding his involvement in the <a href="https://www.israelsneuman.com/practice-areas/advisor-negligence-and-fraud/unsuitable-investments-and-reg-bi/">SAFE notes</a>.   </p>



<h2 id="h-background-on-jack-wolbert" class="wp-block-heading"><strong>Background on Jack Wolbert</strong></h2>



<p class="wp-block-paragraph">Jack Wolbert was licensed with Boustead Securities from June 2023 to July 2026 at an Irvine, California office.&nbsp; He was also previously licensed with Revere Securities and Fnex Capital.</p>



<h2 id="h-can-boustead-securities-be-responsible-for-customer-investment-losses" class="wp-block-heading"><strong>Can Boustead Securities Be Responsible for Customer Investment Losses?</strong></h2>



<p class="wp-block-paragraph">Under <a href="https://www.finra.org/rules-guidance/rulebooks/finra-rules/3110">FINRA Rule 3110</a>, 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.</p>



<h2 id="h-israels-amp-neuman-helps-investors-recover-investment-losses-in-california" class="wp-block-heading"><strong><a href="https://www.israelsneuman.com/legal-resources/california-securities-and-investment-fraud-attorneys/">Israels & Neuman Helps Investors Recover Investment Losses in California</a></strong></h2>



<p class="wp-block-paragraph">We represent investors throughout the United States as well as California, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.&nbsp; We have represented numerous investors in California in the past.&nbsp; If you were a client of Jack Wolbert and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.</p>



<ul class="wp-block-list">
<li><a href="https://brokercheck.finra.org/individual/summary/4165105"><strong>View Wolbert’s BrokerCheck Report</strong></a></li>
</ul>



<h2 id="h-contact-israels-amp-neuman-for-a-free-consultation" class="wp-block-heading"><strong>Contact Israels & Neuman for a Free Consultation</strong></h2>



<h2 id="h-call-us-today-at-720-599-3505-or-206-795-5798" class="wp-block-heading"><strong>Call us today at (720) 599-3505 or (206) 795-5798</strong></h2>



<h2 id="h-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" class="wp-block-heading"><strong>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.</strong></h2>
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