Last Updated: February 2025, Annapolis, MD
Here’s what you need to know about Annapolis, MD, stockbroker Jeffrey J. Furniss:
- Name: Mr. Jeffrey John Furniss
- CRD Number: 4888498
- Current Employer: LPL Financial LLC (Registered since October 14, 2024)
- Prior Employers:
- Osaic FA, Inc. (December 2005 – October 2024)
- The Lincoln National Life Insurance Company (February 2005 – April 2006)
- Function: Stockbroker / Financial Advisor
- Primary Location: Annapolis, MD
- DBA: Charter Financial Group
- Can Jeffrey Furniss be sued in FINRA arbitration? Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $150,000.00
- Four Pending Customer Disputes Seeking Total Damages of: $275,000
If you’ve sustained damages from Mr. Furniss, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jeffrey Furniss As Your Stockbroker?
Three customer disputes involving Jeffrey Furniss have been settled and four customer disputes are pending:
- Case #22-01535, filed on July 8, 2022, alleged that Mr. Furniss recommended an unsuitable oil and gas investment. The case was settled for $106,526.26 on October 6, 2023.
- Case #22-01152, filed on May 25, 2022, alleged unsuitable investment recommendations in oil and gas products. This case was settled for $34,500.00 on September 12, 2023.
- Case #17-01469, filed on June 6, 2017, involved allegations of unsuitable sales and failure to disclose important facts about investments, including variable annuities, REITs, and oil and gas programs. The settlement amount was $150,000.00 on October 31, 2018
See this for more information on REITs and Other Alternative Investments
Pending disputes brought by customers of his former firm, Lincoln Financial involving unsuitable oil and gas investments include:
- Case #24-02312, filed on December 20, 2024, involves an unsuitable oil and gas investment. The alleged damages total $100,000.00.
- Case #24-01855, filed on August 8, 2024, involves an unsuitable oil and gas investment. The alleged damages total $100,000.00.
Other Investigations involving Oil and Gas Investments
Allegations of Broker Misconduct Against Jeffrey Furniss
Customers of Jeffrey Furniss have alleged the following misconduct in connection with his handling of their investments:
- Unsuitable Investment Recommendations: Multiple disputes involve allegations that Mr. Furniss recommended unsuitable investments in high-risk oil and gas programs, potentially violating FINRA Rule 2111, which governs suitability requirements.
- Failure to Disclose Key Facts: Allegations of failure to disclose material facts about investments, including REITs and annuities, raise concerns about compliance with FINRA Rule 2010, which mandates high standards of commercial honor.
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
Our investigations of other Lincoln Financial Securities brokers
If you have suffered investment losses in an account handled by Jeffrey J. Furniss, 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.