FRAUD ALERT! Cynthia Jones of Fidelity Brokerage BARRED – Boston, MA
Cynthia Jones, previously with Fidelity Brokerage Services, Barred by FINRA
Have you lost money with financial advisor Cynthia Jones of Fidelity Brokerage Services? The law firm of Israels & Neuman is investigating allegations made about Cynthia Rice Jones from Boston, Massachusetts. FINRA (the Financial Industry Regulatory Authority) barred Jones from the securities industry after Jones failed to respond to its investigation. FINRA was investigating Jones after she was alleged to have made three unauthorized transfers totaling $466,195 from a deceased customer’s account to the deceased customer’s accountant.
Cynthia Jones was a financial advisor and registered representative of Fidelity Brokerage Services from 1980 to January 2019. She worked in a branch office in Boston, Massachusetts.
Brokerage firms like Fidelity Brokerage Services 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 Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including Massachusetts. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.
Click to view: Jones, Cynthia FINRA AWC
Click to view: Jones, Cynthia BrokerCheck 7.31.19
If you lost money with Cynthia Jones or Fidelity Brokerage Services, please CONTACT US at 720-599-3505 for a free evaluation of your case.