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Jason Forsythe Subject of Investor Dispute

May 3, 2022 Misrepresentation

Jason Forsythe (CRD #: 6041878), a broker registered with LPL Financial, was involved in an investor dispute, according to his BrokerCheck record, accessed on April 22, 2022. Keep reading to learn more about Jason Forsythe’s conduct as a broker.

Investor Allegations

On January 14, 2022, an investor alleged Jason Forsythe made an unsuitable recommendation of an annuity issued on November 2, 2021, and also misrepresented that annuity. This dispute was denied by the firm.

However, firms can deny disputes without any outside review. Investors can still seek FINRA arbitration to recover their losses following a denial.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as those that match an investor’s profile. Brokers must take into account the information contained in these profiles, such as clients’ age, risk tolerance, and overall financial situation.

Investors who lose money through unsuitable investment recommendations can seek FINRA arbitration to recover their losses.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deception, manipulation, and other unethical means of influencing investors’ decisions. Misrepresentation of an investment’s returns, risks, or costs qualifies as a violation of this rule.

Background Information

Jason Forsythe has passed the following exams:

  • Series 65 - Uniform Investment Adviser Law Examination
  • Series 63 - Uniform Securities Agent State Law Examination
  • SIE - Securities Industry Essentials Examination
  • Series 7 - General Securities Representative Examination
  • Series 6 - Investment Company Products/Variable Contracts Representative Examination

Jason Forsythe is a registered broker in Florida, Pennsylvania, and Virginia. He is also a registered investment adviser in Pennsylvania.

He previously worked for Woodbury Financial Services (CRD#:421).

Kurta Law Can Help

If you worked with Jason Forsythe and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

 

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.