UPDATE! JACK DAVID STONE of Forest Securities BARRED – Hillside, IL
Jack David Stone, previously with Forest Securities, Barred by FINRA
Have you lost money with financial advisor Jack David Stone? We are investigating allegations made about Jack David Stone from Hillside, Illinois. FINRA (the Financial Industry Regulatory Authority) barred Stone from the securities industry after Stone failed to respond to its investigation. FINRA was investigating Stone regarding allegations that he made possible misrepresentations to customers, use of discretion, and unauthorized transactions.
Jack David Stone (CRD # 437327) was a financial advisor and registered representative of Forest Securities from April 2012 to August 2019. He worked in a branch office in Hillside, Illinois.
Brokerage firms like Forest Securities 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 Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including Illinois. Attorney David Neuman is licensed in Illinois and lived in the Chicago area for over 30 years. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.
Click to view: Stone, Jack FINRA AWC
Click to view: Stone, Jack BrokerCheck 9.10.19
If you lost money with Jack David Stone or Forest Securities, please CONTACT US at 720-599-3505 for a free evaluation of your case.