Former Crown Capital Securities, L.P. broker Jason Stone (CRD# 5455271) is accused of unsuitable investment recommendations. He has been registered with Arkadios Capital in Orange, California, since 2024, and with Secura Financial in Orange, California, since 2013. He was registered with Crown Capital Securities, L.P. in Orange, California, from 2015 to 2024.
Jason Stone Customer Complaints
He has been the subject of three customer complaints between 2024 and 2025, according to his CRD report:
March 2025. “Trustee alleged breach of fiduciary duty, unsuitable recommendation, and misrepresentation of investment regarding an oil and gas limited partnership purchased eleven years ago.” The case is currently pending. The complaint was regarding direct investments and oil and gas securities, and it took place while he was registered with J.W. Cole Financial, Inc.
November 2024. “Customer alleges breach of fiduciary duty, lack of suitability, and overconcentration in Alternative Investments. Further allegations are misrepresentation and omission of material facts and lack of supervision.” The customer is seeking $2,000,000 in damages, and the case is currently pending. The complaint was regarding direct investments, real estate and oil and gas securities, and it took place while he was registered with Crown Capital Securities, L.P.
May 2024. “Claimants allege failure to supervise, breach of contract, material misrepresentations, breach of fiduciary duty and lack of suitability in regard to recommendations in alternative products.” The customer sought $100,000 in damages, and the case was settled for $157,500. The complaint was regarding direct investments and oil and gas securities, and it took place while he was registered with Crown Capital Securities, L.P.
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, Crown Capital Securities, L.P. may be liable for investment or other losses suffered by Jason Stone’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.
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