Last Updated: January 2024 (Fort Worth, Texas)
Cass Jenkins Investigation Summary
Here’s what you need to know about Fort Worth, Texas, stockbroker Cass Jenkins:
- Name: Cass J. Jenkins
- Current Employer: Merrill Lynch Pierce Fenner & Smith
- Previous Firms: Edward Jones
- Function: Stock Broker/ Financial Advisor
- Aliases: Cass Jenkins
- Primary Location: Fort Worth, TX
- CRD 4304584
- Can Cass Jenkins be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $175,000
- Pending Customer Dispute Seeks Damages of $2.3 Million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Cass Jenkins As Your Stockbroker?
IN 2022 a customer of Merrill Lynch filed a FINRA arbitration alleging that Cass Jenkins recommended an unsuitable investment strategy involving pledged collateral that caused damages of $2.3 million. This matter is currently pending.
In 2009 a customer of Merrill Lynch was paid $175,000 to resolve allegations that Cass Jenkins misrepresented the liquidity of auction rate securities.
Allegations of Broker Misconduct Against Cass Jenkins
Customers of Cass Jenkins have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to employ a strategy involving pledged collateral
- Misrepresentations
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Cass Jenkins, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
