Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 4, 2017 indicate that Texas-based Intervest International Equities Corporation broker/adviser Jonathan Ellefson has been named in a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ellefson (CRD# 1625977).
Jonathan Ellefson has spent 29 years in the securities industry and has been registered with Intervest International Equities Corporation in Harker Heights, Texas since 1992. He was previously registered with American Express Financial Advisors in Minneapolis, Minnesota. He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination); Series 65 (Uniform Investment Adviser Law Examination); Series 24 (General Securities Principal Examination); and Series 7 (General Securities Representative Examination). He is a registered broker and investment adviser with nine US states and territories: Hawaii, Iowa, Kentucky, Louisiana, Maryland, Minnesota, Texas, Virginia and Wisconsin.
According to his BrokerCheck report, Jonathan Ellefson has received one pending customer complaint.
In February 2017 a customer alleged Jonathan Ellefson, while employed at Intervest International Equities Corporation, recommended unsuitable ICON investments. The customer is seeking $350,000 in damages in the pending complaint.
ICON Capital, according to the company’s website, is an “alternative investment manager that provides innovative investment solutions to individual and institutional investors through publicly registered programs, private funds and separately managed accounts.” The company purchases and manages “big-ticket leases” of equipment to corporate customers and additionally provides specialty financing. Such equipment includes airplanes, ships, drilling rigs, trailer equipment, and telecommunications equipment. In 2016 the Securities and Exchange Commission filed a civil complaint against ICON alleging that “Over a number of years, ICON made accounting errors that resulted in material inaccuracies in periodic reports filed by four Icon Leasing Funds.” The funds in question included Icon Income Fund Nine, Icon Income Fund Ten, Icon Leasing Fund Eleven, and Icon Leasing Fund Twelve.
If you or someone you know has lost money investing with Jonathan Ellefson, call 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.a