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Investor Seeks Six Figures in Dispute with Jordan Hayes

Oct 28, 2022 Misrepresentation

Jordan Hayes (CRD #: 2391254), a broker registered with UBS Financial Services, is involved in a pending dispute, according to his BrokerCheck record, accessed on October 15, 2022. Keep reading to learn more about his conduct as a broker.

Investor Dispute

On July 11, 2022, an investor filed a dispute alleging that Jordan Hayes made misrepresentations and unsuitable recommendations to invest in and hold an options overlay strategy between 2017-2022. The client seeks $750,000 in damages in this pending dispute.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, and otherwise fraudulent means of influencing the purchase and sale of securities. Misrepresentation or omission of material facts about investments violates this rule.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. An investor’s profile describes their age, financial goals, risk tolerance, and other information.

Investors who rely on their broker for recommendations may be able to recoup their losses by seeking out FINRA arbitration.

Background Information

Jordan Hayes has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 3 – National Commodity Futures Examination
  • Series 7 – General Securities Representative Examination

Jordan Hayes is a registered broker in 24 states and a registered investment adviser in California and Texas.

He has also worked for the following firms:

  • Citigroup Global Markets (CRD#:7059)
  • Credit Suisse First Boston (CRD#:816)
  • Donaldson Lufkin & Jenrette Securities Corporation (CRD#:7560)
  • J.P. Morgan Securities (CRD#:15733)

Kurta Law Can Help

If you worked with Jordan Hayes 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.