Luis Jean-Bart Subject of Investor Allegations Regarding an Investment Club
Luis Jean-Bart (CRD #: 5472965), a broker registered with PFS Investments, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 20, 2023. Keep reading if you have questions about his conduct.
On August 30, 2023, an investor alleged that Luis Jean-Bart, along with other representatives, caused investors to participate in a purported investment club run by a third party unaffiliated with PFS Investments. They allege that they have lost $1.4 million as a result.
FINRA Rule 3270
FINRA Rule 3270 requires brokers to disclose any business activities they engage in outside their firm, as well as any compensation they may receive from these activities.
FINRA Rule 2010
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 3270 are also violations of FINRA Rule 2010.
Outside Business Activities
Luis Jean-Bart has the following outside businesses listed on his detailed BrokerCheck record:
- Primerica Mortgage – Sale of loan products, part-time referrals of home security and automation products.
- CGLV Star Management
- Republic 23 LLC
- Jean-Bart Associates LLC
- Jean-Bart & LaFortune Enterprise
- Builder Distribution LLC
- Magic Leaf LLC
- C.G.L.V. Global Management
Luis Jean-Bart has passed the following exams:
- SIE – Securities Industry Essentials Examination
- Series 6 Investment Company Products/ Variable Contracts Representative Examination
- Series 26 Investment Company Products/Variable Contracts Principal Examination
He is a registered broker in Colorado, D.C., Florida, Louisiana, Maryland, New Jersey, and Ohio.
Luis Jean-Bart has exclusively registered with PFS Investments (CRD #: 10111) during his 14 years of experience.
Kurta Law Can Help
If you worked with Luis Jean-Bart and have concerns about your investments, please contact us today at 877-600-0098 or email@example.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 that 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.