Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 23, 2016 indicate that Virginia-based Capitol Securities Management broker/adviser Jerry Alley has received customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Alley (CRD# 1571590).
Jerry Alley has spent 29 years in the securities industry and has been registered with Capitol Securities Management in Norfolk, Virginia since February 2016. Previous registrations include Stifel Nicolaus in Norfolk, Virginia; Sterne Agee & Leach in Norfolk, Virginia; Anderson & Strudwick in Norfolk, Virginia; Davenport & Company in Richmond, Virginia; and PaineWebber in Weehawken, New Jersey (CRD# 1571590).
According to his BrokerCheck report, Jerry Alley has received two customer complaints and resigned from Davenport & Company.
In 2013, a customer alleged Jerry Alley, while employed at Anderson & Strudwick and Sterne Agee & Leach, mishandled her accounts and recommended unsuitable investments. The complaint settled in 2014 for $150,000.
In 1999, Jerry Alley was “permitted to resign” from his position at Davenport & Company following allegations he borrowed money from a relative who was also a client, and was behind on his payments.
In 1999, a customer alleged Jerry Alley, while employed at Davenport & Company, borrowed money and did not pay it back according to the terms outlined in the promissory note. The complaint settled for $9,850.
If you have complaints regarding or have lost money investing with Jerry Alley, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.