According to a recent Disciplinary Proceeding with the Financial Industry Regulatory Authority (FINRA), Peyton Nelson Jackson was accused of breaching fiduciary duty, breaching contract, negligent misrepresentation, unsuitable sales and fraud. These are all against securities rules and regulations. A broker who is employed by a brokerage firm has an ironclad obligation to take into account many factors before recommending or selling a security to a client. These include, but are not limited to, age, net worth, investment objectives and investment sophistication. If the broker does not, the brokerage firm may be liable for losses. Please call our Chicago-based law offices today at 312-332-4200 to find out how to bring a claim against Raymond James, Jackson’s former firm, for investment losses. The call is free with no obligation. We take cases on a contingency fee basis only.
According to his FINRA BrokerCheck report, Jackson was previously registered with JW Grant & Associates, Tamaron Investments Inc., AG Edwards & Sons, Morgan Stanley, McKim Capital, Dawson James Securities, Legend Securities and Alexander Capital in New York, New York from December 2012 until April 2015. He has 13 customer disputes against him, eight of which are pending. He is not currently registered within the industry.