Erez Law is interested in speaking with investors who may have suffered losses due to investments with J.W. Cole Financial, Inc. broker Jason Kimber (CRD# 6244188). He has been registered with J.W. Cole Financial, Inc. in Logan, Utah, since 2018. Previously, he was registered with Allegis Investment Services, LLC in Clearfield, Utah, from 2014 to 2018 and with Summit Brokerage Services, Inc. in Clearfield, Utah, from 2013 to 2014.
Jason Kimber Customer Complaints
He has been the subject of three customer complaints between 2022 and 2023, according to his CRD report:
April 2023. “Customers allege that the Firm failed to detect an alleged fraud operated by a now deceased representative away from the Firm. The deceased representative, that is the subject of the complaint, was with the Firm for less than two months and Customers’ alleged purchases of the investments at issue with the deceased representative occurred after his departure from the Firm. Customers allege that the Registered Representative was indirectly involved in the activities that occurred away from the Firm.” The customer is seeking $850,000 in damages. The complaint took place while he was registered with J.W. Cole Financial, Inc.
December 2022. “Customers allege that while affiliated with multiple broker dealers between July 2014 and June 2022, Kimber’s former partner was involved in a fraud. Customers allege that Kimber indirectly benefited from the operation, and that Kimber should have identified the operation as a fraud.” The customer is seeking $3 million in damages. The complaint took place while he was registered with J.W. Cole Financial, Inc., Allegis Investment Services, LLC, and Summit Brokerage Services, Inc.
November 2022. “Customers allege that while affiliated with Allegis Investment Services, LLC, between July 2014 and May 2018, Kimber’s former partner was involved in a fraud. Customers allege that Kimber indirectly benefited from the operation, and that Kimber should have identified the operation as a fraud.” The customer is seeking $10.5 million in damages. The complaint took place while he was registered with Allegis Investment Services, LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, J.W. Cole Financial, Inc. may be liable for investment or other losses suffered by Jason Kimber’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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