Did you lose money investing with Jason Wilk (CRD# 6072438)?
Galvin Legal, PLLC is launching an investigation on behalf of investors who may have suffered losses investing with Jason Wilk. If you suffered losses investing with Jason Wilk, then Galvin Legal, PLLC may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
If you suffered losses and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
As of January 12, 2023, Jason Wilk’s FINRA BrokerCheck Report contains the following:
BARRED: FINRA has barred this individual from acting as a broker or otherwise associating with a broker-dealer firm.
Disclosure Events
6 Customer Disputes
2 Regulatory Events
2 Judgment(s)/Liens
March 31, 2022 – An OHO decision became final in which Wilk was barred from association with any FINRA member in all capacities. The sanction was based on the findings that Wilk failed to appear for on-the-record testimony in connection with FINRA’s investigation into whether he excessively traded a customer’s account. The findings stated that Wilk’s trading in the account resulted in a high cost-to- equity ratio and a turnover rate that indicated excessive trading had occurred and the information sought by FINRA was material to its investigation and necessary to complete its mandate to fully investigate potential rule violations and to protect the investing public. (FINRA Case #2019060753502)
Current and Previous Registrations
10/20/2017 – 04/17/2019 WORDEN CAPITAL MANAGEMENT LLC (CRD#:148366) New York, NY
FINRA expelled the firm on 07/25/2022
05/11/2017 – 09/11/2017 CRAFT CAPITAL MANAGEMENT LLC (CRD#:171350) New York, NY
11/08/2016 – 01/04/2017 WINDSOR STREET CAPITAL, LP (CRD#:34171) NEW YORK, NY
FINRA expelled the firm on 05/29/2018
08/14/2015 – 05/13/2016 NATIONAL SECURITIES CORPORATION (CRD#:7569) NEW YORK, NY
11/20/2013 – 09/14/2015 MEYERS ASSOCIATES, L.P. (CRD#:34171) NEW YORK, NY
FINRA expelled the firm on 05/29/2018
09/09/2013 – 11/25/2013 LAIDLAW & COMPANY (UK) LTD. (CRD#:119037) NEW YORK, NY
12/08/2012 – 09/06/2013 NATIONAL SECURITIES CORPORATION (CRD#:7569) ISELIN, NJ
06/14/2012 – 11/28/2012 ALEXANDER CAPITAL, L.P. (CRD#:40077) NEW YORK, NY
If you suffered losses and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
Due Diligence Requirement
FINRA requires broker’s to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. FINRA Rule 2111(a) states that “a member or an associated person must have a reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the member or associated person to ascertain the customer’s investment profile. A customer’s investment profile includes, but is not limited to, the customer’s age, other investments, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity needs, risk tolerance, and any other information the customer may disclose to the member or associated person in connection with such recommendation.”
Rule 2111 is composed of three main obligations: reasonable-basis suitability, customer-specific suitability, and quantitative suitability. Brokers and the brokerage firms they work for that fail to conduct adequate due diligence on investments they recommend or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
Request a Free Consultation with a Securities Attorney
If you suffered losses investing with Jason Wilk and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
This information is all publicly available and is being provided to you by Galvin Legal, PLLC.
Galvin Legal, PLLC is a national securities arbitration, securities mediation, securities litigation, securities fraud, securities regulation and compliance, and investor protection law practice. For more information on Galvin Legal, PLLC and its representation of investors, please visit www.galvinlegal.com or call 1-800-405-5117.
