FINRA Barred Jon Pariser Indefinitely For Failing To Produce Documents And Information Related To Investigation

Furgison Law Group is taking cases against IFG for claims related to misconduct by Jon Pariser

The securities fraud lawyers at Furgison Law Group are currently investigating claims against Independent Financial Group, LLC (CRD#7717) related to misconduct by Jon Richard Pariser (CRD# 2755015). The arbitration attorneys at Furgison Law Group are investigating claims involving allegations of breach of fiduciary duty, failure to supervise, selling away, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct. The claims relate to recommendations by Pariser and IFG to invest in the First Nationle Solution Ponzi Scheme.

Jon Pariser has many similar complaints of wrongdoing reported on his regulatory file and has been banned indefinitely

The CRD Report of Jon Pariser includes the disclosure of many other customer complaints in California. These types of customer complaints are serious red flags that evidence a pattern of unsuitable investment recommendations in order to generate commissions and income for himself, at the expense of his clients. At least two of the customer complaints listed in the regulatory have already settled for substantial sums.

On October 4, 2018, Jon Pariser was indefinitely barred from the securities industry in all capacities. According to his CRD Report, “Pariser consented to the sanction and to the entry of findings that he failed to provide FINRA with requested documents and information related to allegations that he referred some of his customers to an individual who was not registered and who may have recommended or sold potentially unsuitable securities to them.”

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Jon Pariser or IFG, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.