Last Updated: November 2023 (Ft. Myers, Florida)
Jennifer Basey Investigation Summary
Here’s what you need to know about Fr. Myers, stockbroker Jeffifer Basey:
- Name: Jennifer Lillian Basey
- Current Employer: American Global Wealth Management
- Previous Firms: Stifel Nicolaus & Co. , Edward Jones
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Jennifer Lillian Hilliard
- Primary Location: Ft. Myers
- CRD 4730054
- Can Jennifer Basey be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Discharged by a prior employer: Yes
- Highest Settlement or Award: $35,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jennifer Basey As Your Stockbroker?
In 2020 Jennifer Basey was fined $5,000 and suspended for two months by FINRA for falsifying a customer’s signature and forging additional customers’ initials on paperwork used to facilitate the transfer of funds in violation of the firm’s written supervisory procedures.
Michigan securities regulators denied Basey’s registration application because “ Applicant engaged in dishonest or unethical behavior in the securiites industry..” in violation of Michigan Uniform Securities Act.
Basey discloses two settlements with two customers of Edward Jones.
In 9/2023 a customer of Stifel Nicolaus & Company made a claim for damages alleging that Jennifer Basey “made assurances that investments were safe and had customer invest in preferred stocks over par without customer’ s consent, which resulted in losses.” The firm ‘denied’ the claim and it appears that the customer has not taken further action to pursue the matter.
In 12/2019 Edward Jones discharged Jennifer Basey for of concerns over signatures on client documents.
Has Your Brokerage Firm “Denied” Your Claim for Damages Due to Stockbroker Malpractice?
It is quite common, as well as predictable, for brokerage firms to deny a customer’s complaint made directly to the company. Firms know that in many, if not most, instances telling the customer “we don’t think it’s our fault” will be an end to the problem. In other words, it’s generally a waste of your time to sit down with the office manager & the broker.
Firms seldom, if ever, offer any resolution when a customer deals directly with them, or if they do, will attempt to have you settle your case for a fraction of what it is actually worth.
We suggest that if you think there is a problem with the way your account has been handled, or if you have had your claim “denied”, talk to an experienced securities attorney.
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 Jennifer Basey (formerly Hilliard), 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.
