Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on November 17, 2016 indicate that former Massachusetts-based Revere Securities broker Jonathan Altman is currently not affiliated with any broker-dealer firm. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Altman (CRD# 2248764).
Jonathan Altman has spent 24 years in the securities industry and was most recently registered with Revere Securities in Boston, Massachusetts (2010-2016). Previous registrations include Jesup & Lamont Securities, which has been expelled by FINRA, in Boston, Massachusetts; Oppenheimer & Company in Boston, Massachusetts; AG Edwards & Sons in St. Louis, Missouri; Fechter Detwiler & Company in Boston, Massachusetts; and John Hancock Funds in Boston, Massachusetts. He is currently not registered with any state or firm.
According to his BrokerCheck report, Jonathan Altman has received four customer complaints and one pending regulatory complaint.
In October 2016 Jonathan Altman was named in a complaint by the State of Massachusetts alleging he “engaged in dishonest and unethical conduct, involving excessive trading, unauthorized transactions, unsuitable recommendations, and violating Revere’s written policies and procedures.” The complaint remains pending.
In 2006 a customer alleged Jonathan Altman, while employed at Detwiler Mitchell Fenton & Graves, misrepresented and omitted material facts, failed to diversify investments, made unsuitable trades, effected unauthorized transactions, breached contract, breached his fiduciary duty, and committed fraud. The complaint settled for $220,000.
In 1999 a customer alleged he, while employed at Fechtor Detwiler & Company, misrepresented material facts, recommended unsuitable investments, and executed unauthorized transactions. The complaint settled for $75,000.
In 1999 a customer alleged he, while employed at Fechtor Detwiler & Company, executed unauthorized trades. The complaint settled for more than $21,800.
In 1999 a customer alleged he, while employed at Fechtor Detwiler & Company, made unauthorized and unsuitable investments. The complaint settled for $41,000.
If you or someone you know has lost money investing with Jonathan Altman, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.