Investors Seek Over $7 Million in Dispute with Jonathan Krueger

Jonathan Krueger (CRD #: 4416059), a broker registered with Larson Financial Securities, allegedly provided unsuitable and inappropriate advice, according to his BrokerCheck record, accessed on December 17, 2024. Investors may have also engaged his services through Larson Financial Group. Read on if you want to know more about Jonathan Krueger’s alleged conduct as a broker.

Investor Disputes

On November 6, 2024, an investor alleged that Jonathan Krueger selected inappropriate investments in their investment advisory account from October 2019 through January 2023. The client seeks $217,316 in this pending dispute.

In a pending dispute filed on December 27, 2023, multiple investors named Jonathan Krueger in allegations of negligence and unsuitability with regard to his alleged advice to invest in a limited partnership and various insurance policies. This misconduct allegedly occurred from 2016-2023. The investors seek $7,374,258.61 in damages.

FINRA Rule 2111

Brokers must follow FINRA Rule 2111 when recommending investments and forming investment strategies. This rule defines suitable investments as those that match an investor’s profile.

An investor’s profile details their financial goals and other investments, as well as describing their tax status, age, and risk tolerance.

Investors who believe their losses were caused by an unsuitable investment strategy or recommendation can pursue FINRA arbitration to recover the damage.

What is Broker Negligence?

Many types of broker misconduct may qualify as negligence, including recommendations of unsuitable investments, misrepresentations or omissions of material fact, and unauthorized trading.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

Background Information

Jonathan Krueger has passed the following exams:

• Series 63 – Uniform Securities Agent State Law Examination
• Series 65 – Uniform Investment Adviser Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7TO – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination
• Series 26 – Investment Company Products/Variable Contracts Principal Examination

Jonathan Krueger is a registered broker in nine states and a registered investment adviser in Colorado, Missouri, Texas, and Utah.

He has also worked for the following firms:

• Lion Street Advisors (CRD#:167610)
• Accelerated Wealth Advisors (CRD#:170022)
• PFS Investments (CRD#:10111)

Kurta Law Can Help

If you worked with Jonathan Krueger 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.