Erez Law is currently investigating Ameriprise Financial Services, LLC broker Jason Garofalo (CRD# 3008935) regarding real estate securities losses. He has been registered with Ameriprise Financial Services, LLC in Las Vegas, Nevada since 2015.
Jason Garofalo Customer Complaints
Jason Garofalo has been the subject of two customer complaints between 2012 and 2021, according to his CRD report:
November 2021. “Claimant alleges that she was recommended unsuitable investment positions including Inventrust and Hospitality Investor’s Trust REITs.” The customer is seeking $150,000 in damages and the case is currently pending. The case was regarding real estate securities. The complaint took place while he was registered with Ameriprise Financial Services, LLC.
September 2012. “Unsuitable investments; negligence; misrepresentations and omissions; violations of the Nevada Securities Act and Regulations thereunder; violations of the FINRA Conduct Rules and NYSE Rules; breach of fiduciary duty/constructive fraud; breach of contract.” The customer sought $668,000 in damages and the customer was awarded $184,391. The case was regarding real estate securities and private placements. The complaint took place while he was registered with Tricor Financial, LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Ameriprise Financial Services, LLC may be liable for investment or other losses suffered by Jason Garofalo’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.