Can I recover losses from investments with JRL Capital Corporation broker John Crigler (CRD# 1014977) who is accused of GWG Holdings Inc. L bonds losses? He has been registered with JRL Capital Corporation in Irvine, California since 2020. Previously, he was registered with Voya Financial Advisors, Inc. in Irvine, California from 2006 to 2020.
John Crigler Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2022. “Claimants allege breach of fiduciary duty, misrepresentation/non-disclosures, omission of facts, suitability, violation of Blue Sky Laws, breach of contract, failure to supervise, negligence.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding GWG Holdings Inc. L bonds and it took place while he was registered with JRL Capital Corporation.
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, JRL Capital Corporation may be liable for investment or other losses suffered by John Crigler’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.