Peter Janssen Allegedly Misrepresented Private Placement
Peter Janssen (CRD #: 5691028), a broker registered with Janssen Partners, allegedly made misrepresentations, according to his BrokerCheck record, accessed on February 21, 2023. If you want to know more about his alleged conduct as a broker, read on.
Investor Dispute
On January 5, 2023, an investor alleged that Peter Janssen misrepresented the terms of the Mega Blockchain private placement purchased by the client on December 28, 2017. The client also alleges that his recommendation of this private placement was unsuitable. They seek $94,930.40 in damages in this pending dispute.
On November 14, 2019, an investor filed a dispute alleging that Peter Janssen engaged in misconduct with regard to an investment in Mega Blockchain in December 2017. This dispute was settled for $50,000.
FINRA Rule 2020
FINRA Rule 2020 forbids the use of manipulation, deception, and other unethical tactics to influence investors’ decisions. Misrepresenting an investment’s risks, fees, or other relevant information violates this rule.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must take into account the information in the investor’s profile, including their age, tax status, and risk tolerance.
Investors who rely on brokers for investment recommendations can seek out FINRA arbitration and potentially recover their losses.
Background Information
Peter Janssen has passed the following exams:
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
Peter Janssen is a registered broker in Florida.
He has also worked for Katalyst Securities (CRD#:112494) and Aegis Capital Corporation (CRD#:15007).
Kurta Law Can Help
If you worked with Peter Janssen 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.