Jon Ellefson & GWG L-Bond Investigation
February 2024-Harker Heights, TX
The FINRA records of Jonathan Eric Ellefson, an Intervest International Equities Corp. broker was recently named in a FINRA arbitration by a customer seeking damages as a result of purchasing GWG L-Bonds.
As we have previously reported, investors in GWG L-Bonds face significant losses and we recommend consultation as soon as possible to explore your options for recovery. See our previous post on GWG L-Bonds.
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.
In FINRA arbitration 22-1406 a customer of Intervest International Equities was paid $75,000 to settle a claim related to an investment in GWG L-Bonds. The customer alleged various causes of action, including suitability, breach of fiduciary duty, misrepresentation and violation of FINRA rules.
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The complaint also names another broker with Intervest International Equities, Jon Christopher Vinge, whose FINRA record may be accessed here. According to the website BeFinanciallySound.com, Vinge offices in Colorado Springs, CO.
Ellefson discloses settlement with three other customers over sales of Icon investments and equipment leasing investments.
Ellefson has been registered with Intervest International Equities since 1992. His FINRA record discloses two prior customer settlements of $145,000 and $125,000 related to investments in alternatives.
If you have losses in an account handled by Jon Ellefson or Jon Vinge call to learn how you may be entitled to collect damages through FINRA arbitration.
Jon Vinge – Intervest International Equities Broker-GWG L- Bond Suit – Colorado Springs, CO
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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