Last Updated: September 2023 (Chesterfield, MO)
Chris Jacob Investigation Summary
Here’s what you need to know about Chesterfield, MO, stockbroker Chris Jacob:
- Name: Mr. Christopher John Jacob
- Current Employer: Not currently registered with FINRA
- Previous Firms: Saxony Securities, Madison Avenue Securities, Transamerica Financial Advisors-former dba Cadeau, Jacob Financial Services
- Function: Stock Broker/ Financial Advisor
- Aliases: Chris Jacob
- Primary Location: Chesterfield, MO
- CRD 1501352
- Can Chris Jacob be sued in FINRA arbitration: Yes
- Sanctioned by Regulator: Yes
- Highest Settlement : $95,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Chris Jacob As Your Stockbroker?
IN 2006 the Missouri Commissioner of Securities sanctioned Chris Jacob with a fine of $6,000 and a requirement for heightened supervision to resolve allegations of switching variable annuities and questions about the suitability of recommended products.
In 5/2022 a customer of Transamerica Financial Advisors was paid $95,000 to resolve allegations that Chris Jacob made an unsuitable recommendation and failed to conduct adequate due diligence in connection with the sale of a REIT.
Allegations of Broker Misconduct Against Chris Jacob A customer of Chris Jacob has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Failure to conduct adequate due diligence in connection with sale of REIT
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 Chris Jacob, contact us for a complimentary consultation with an experience 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.
