Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 17, 2017 indicate that former New York-based Aegis Capital broker Kenneth Jones has been sanctioned by FINRA and barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Jones (CRD# 2364953).
Kenneth Jones has spent 23 years in the securities industry and was most recently registered with Aegis Capital in New York, New York (2010-2017). Previous registrations include Gunnallen Financial in Morgantown, New york (2005-2010); Raymond James Financial Services in St. Petersburg, Florida (2004-2005); and Edward Jones in St. Louis, Missouri (1993-2004). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination) and Series 7 (General Securities Representative Examination). He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one FINRA sanction and two customer complaints.
In July 2017 FINRA sanctioned him following allegations he “refused to appear for his on-the-record testimony as requested by FINRA in connection with an investigation of, among other things, the circumstances surrounding Jones’s termination from his member firm and of certain municipal bond trades that Jones performed while registered with the firm.” He was barred from acting as a broker or otherwise associating with firms that sell securities to the public.
In May 2017 he was terminated from his position at Aegis Capital “while under investigation for failure to disclose outside business activities.”
In March 2017 a customer alleged Kenneth Jones, while employed at Aegis Capital, made unsuitable investment recommendations and breached his fiduciary duty. The complaint settled for $95,000.
In 2005 a customer alleged Kenneth Jones, while employed at Raymond James Financial Services, executed unauthorized trades. The complaint settled for more than $5,800.
If you or someone you know has lost money investing with Kenneth Jones, 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.