Last Updated: April 2024 (Henderson, Texas)
Jonathan Best Investigation Summary
Here’s what you need to know about Henderson, Texas, stockbroker Jonathan Best:
- Name: Mr. Jonathan Earl Best
- Current Employer: Raymond James Financial Services
- DBA: Best Financial Group, BFG Global, Parkway Wealth Management
- Previous Firms: Primevest Financial Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Jon Best
- Primary Location: Henderson, Texas
- CRD 2225091
- Can Jon Best be sued in FINRA arbitration: Yes
- Pending FINRA Investigation: Yes
- Highest Settlement or Award: $275,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jonathan Best As Your Stockbroker?
In 2022 a customer of Raymond James was paid $275,000 to resolve a FINRA arbitration, brought by the court-appointed guardian of the customer, alleging that Jon Best made unauthorized trades and unsuitable recommendations.
[LEARN MORE]:
Other Cases Involving Unauthorized Trading
In 4/2024 FINRA made a preliminary determination that disciplinary action be brought against Jonathan Best alleging violations of FINRA Rule 2010 in the Best effected unauthorized trades in a customer account; and violations of FINRA Rule 2010 in the Jon Best submitted false attestations to his FINRA member firm. FINRA Case #20200686415. This investigation is currently pending.
FINRA Rule 2010-states that a brokerage firm: “in the conduct of its business, shall observe high standards of commercial honor and just and equitable principles of trade.”
Allegations of Broker Misconduct Against Jonathan Best
A customer of Jon Best and securities regulator FINRA have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Unauthorized Trading
- Submitted false attestations to FINRA member firm
- Violations of FINRA Rule 2010
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
[LEARN MORE]: Other investigations Involving Raymond James Brokers
If you have suffered investment losses in an account handled by Jon Best, 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.
