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Investor Alleges Jason Seuerer Recommended Unsuitable GWG L Bonds

Sep 2, 2022 Unsuitable Investments

Jason Seurer (CRD #: 2541616), a broker registered with Landolt Securities, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on August 7, 2022. Read on if you want to know more about his conduct as a broker.

Investor Disputes

On May 21, 2022, an investor alleged that Jason Seurer recommended unsuitable GWG Holdings L bonds in February 2019. The client seeks $200,000 in this pending dispute.

There are six more investor disputes on Jason Seurer’s record. 

FINRA Rule 2111

FINRA Rule 2111 requires brokers to consider whether an investment suits their investor’s financial goals. Brokers must take into account an investor’s age, tax status, and other information described in their profile.

Investors who rely on brokers for investment recommendations can pursue FINRA arbitration and potentially recover their losses.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of fraudulent tactics, including misrepresentation, to influence the purchase and sale of securities.

Regulatory Actions by State of South Dakota

On April 20, 2022, the South Dakota Department of Labor and Regulation, Division of Insurance alleged that Jason Seurer failed to provide audit/exam material and failed to abide by a prior consent order and restricted registration agreement dated March 2017. He was fined $5,000.

In a regulatory action dated January 20, 2017, the State of South Dakota Division of Securities alleged that Jason Seurer engaged in selling away – i.e., he recommended investments to outside of the roster of securities approved by his firm. The suspension lasted two years.

Background Information

Jason Seurer has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 66 – Uniform Combined State Law Examination
  • Series 7TO – General Securities Representative Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Jason Seurer is a registered broker in 14 states and a registered investment adviser in Wisconsin.

He has also worked for the following firms:

  • The Wealth Protection Group (CRD#:283943)
  • Feltl & Company (CRD#:6905)
  • Edward Jones (CRD#:250)

Kurta Law Can Help

If you worked with Jason Seurer 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.