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Shane Johnson is Facing Allegations of Misrepresentation

Shane Johnson (CRD #: 5533492), a broker registered with M Holdings Securities, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on September 7, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On July 25, 2024, an investor alleged that Shane Johnson provided misleading illustrations to clients at the time of sale resulting in lower distributions. The dispute settled for $98,364.14. 

Misrepresentation 

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate this rule. 

Background Information 

Shane Johnson has passed the following exams:

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

He has registered with M Holdings Securities (CRD #: 43285) and ING Financial Partners (CRD #: 2882). 

Kurta Law Can Help 

If you worked with Shane Johnson and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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