Last Updated: February 2024 (Las Cruces, New Mexico)
Jake Jacobs Investigation Summary
Here’s what you need to know about Las Cruces, NM, stockbroker Jake Jacobs:
- Name: Mr. John Edwin Jacobs, III
- Current Employer: Merrill Lynch, Pierce, Fenner & Smith
- DBA: JD & Associates
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Jake Jacobs
- Primary Location: Las Cruces, New Mexico
- CRD 1405497
- Can Jake Jacobs be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of Currently Unspecified Amount
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jake Jacobs As Your Stockbroker?
In 1/2024 a customer of Merrill Lynch alleged that Jake Jacobs had made unauthorized trades in the account and had misappropriated funds from the account. Damages have not yet been specified in this currently pending matter.
Allegations of Broker Misconduct Against Jake Jacobs
A customer of Jake Jacobs has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unauthorized Trading
- Theft of Funds from Customer Account
» Investigations involving Theft and Misappropriation of Customer Funds
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 Jake Jacobs, 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.
